Dalrada Financial Corp. Appoints New Auditor
Ticker: DHTI · Form: 8-K · Filed: Oct 15, 2024 · CIK: 725394
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Dalrada swapped auditors from Sadler, Gibb & Associates to EisnerAmper LLP, effective Oct 11, 2024.
AI Summary
Dalrada Financial Corporation (Dalrada) announced on October 11, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, Sadler, Gibb & Associates, LLC, and has appointed EisnerAmper LLP as its new independent registered public accounting firm, effective October 11, 2024. This change is effective immediately.
Why It Matters
A change in auditors can signal potential shifts in financial reporting scrutiny or strategic direction for the company.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial restatements or other material events, warranting closer attention.
Key Players & Entities
- Dalrada Financial Corporation (company) — Registrant
- Sadler, Gibb & Associates, LLC (company) — Former Certifying Accountant
- EisnerAmper LLP (company) — New Certifying Accountant
- October 11, 2024 (date) — Effective Date of Change
FAQ
Why was Sadler, Gibb & Associates, LLC dismissed as Dalrada's certifying accountant?
The filing does not provide specific reasons for the dismissal of Sadler, Gibb & Associates, LLC, only that the change was made.
When did the change in certifying accountant become effective?
The change in certifying accountant became effective on October 11, 2024.
Who is Dalrada Financial Corporation's new independent registered public accounting firm?
Dalrada Financial Corporation has appointed EisnerAmper LLP as its new independent registered public accounting firm.
Did Dalrada Financial Corporation have any disagreements with Sadler, Gibb & Associates, LLC?
The filing states that there were no disagreements or reportable events between Dalrada Financial Corporation and Sadler, Gibb & Associates, LLC.
What is the filing date of this Current Report?
This Current Report (Form 8-K) was filed on October 15, 2024.
Filing Stats: 578 words · 2 min read · ~2 pages · Grade level 13.6 · Accepted 2024-10-15 15:05:33
Filing Documents
- dalrada_8k.htm (8-K) — 24KB
- dalrada_ex1601.htm (EX-16.1) — 3KB
- image_001.jpg (GRAPHIC) — 6KB
- image_002.jpg (GRAPHIC) — 2KB
- 0001683168-24-007149.txt ( ) — 203KB
- dfco-20241011.xsd (EX-101.SCH) — 3KB
- dfco-20241011_lab.xml (EX-101.LAB) — 33KB
- dfco-20241011_pre.xml (EX-101.PRE) — 22KB
- dalrada_8k_htm.xml (XML) — 3KB
01
ITEM 4.01 Changes in Registrants Certifying Accountant. (a) On October 11, 2024, Assurance Dimensions ("AD") resigned as Dalrada Financial Corporation's (the "Company") independent registered public accounting firm. AD chose to cease their service as the Company's accountants after substantial deliberation. AD was engaged to audit the Company's consolidated financial statements of the Company for the fiscal year ended June 30, 2024, review the March 31, 2024 quarter as well as the subsequent quarters going forward. AD completed its review of the quarter ending March 31, 2024. During the fiscal year ended June 30, 2024 and during the pertinent prior and subsequent interim periods, there were no disagreements with AD on any accounting principles or practices, financial statement disclosure or auditing scope or procedure's that, if not resolved to AD's satisfaction, would have caused AD to make reference to the subject matter of the disagreement in connection with its audit report. The Company has requested that AD furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter, dated October 15, 2024 is filed herewith as Exhibit 16 to this Current Report on Form 8-K.
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS The following exhibit is attached as part of this report: Exhibit No. Description 16.1 Letter from Assurance Dimensions 104 Cover Page Interactive Data File (formatted in iXBRL, and included in exhibit 101) S ignature Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: October 15, 2024 DALRADA FINANCIAL CORPORATION By: /s/ Brian Bonar Brian Bonar Officer, Director 2