FOCUS UNIVERSAL INC. Changes Certifying Accountant

TL;DR

**FCUV is switching auditors, keep an eye out for why.**

AI Summary

FOCUS UNIVERSAL INC. (FCUV) announced on January 12, 2024, that it is changing its certifying accountant. This change is significant because the auditor is responsible for verifying the accuracy of a company's financial statements, which investors rely on to make informed decisions. A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which could impact investor confidence.

Why It Matters

A change in auditors can affect investor confidence as it's crucial for financial transparency and accuracy. Investors should monitor for further details regarding the reason for the change.

Risk Assessment

Risk Level: medium — A change in certifying accountants can sometimes indicate disagreements over accounting principles or financial disclosures, which poses a moderate risk to investors.

Analyst Insight

A smart investor would monitor subsequent filings (like a new 8-K announcing the new auditor or the next 10-K/10-Q) for details on the new certifying accountant and any disclosures regarding the reasons for the change, especially if there were disagreements with the previous auditor.

Key Players & Entities

• FOCUS UNIVERSAL INC. (company) — the registrant changing its certifying accountant
• January 12, 2024 (date) — date of the earliest event reported regarding the change in certifying accountant
• Nevada (company) — state of incorporation for FOCUS UNIVERSAL INC.
• 000-55247 (company) — Commission File Number for FOCUS UNIVERSAL INC.
• 46-3355876 (company) — I.R.S. Employer Identification No. for FOCUS UNIVERSAL INC.
• 2311 East Locust Street Ontario, California 91761 (company) — address of Principal Executive Offices for FOCUS UNIVERSAL INC.
• (626) 272-3883 (company) — Registrant’s Telephone Number for FOCUS UNIVERSAL INC.
• (917) 791-8877 (company) — Registrant’s Fax Number for FOCUS UNIVERSAL INC.
• FCUV (company) — Trading Symbol for FOCUS UNIVERSAL INC. common stock
• The Nasdaq Stock Market LLC (Nasdaq Global Market) (company) — exchange on which FOCUS UNIVERSAL INC. common stock is registered

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common stock, $0.001 par value per share FCUV The Nasdaq S

Filing Documents

• focus_8k.htm (8-K) — 29KB
• focus_ex1601.htm (EX-16.1) — 4KB
• image_001.jpg (GRAPHIC) — 2KB
• 0001683168-24-000307.txt ( ) — 204KB
• fcuv-20240112.xsd (EX-101.SCH) — 3KB
• fcuv-20240112_lab.xml (EX-101.LAB) — 33KB
• fcuv-20240112_pre.xml (EX-101.PRE) — 22KB
• focus_8k_htm.xml (XML) — 3KB

01

Item 4.01 Change in Registrant's Certifying Accountant. Previous independent registered public accounting firm On January 12, 2024 (the "Termination Date"), Focus Universal Inc. (the "Company") notified Reliant CPA PC that the Company is dismissing it (the "Former Auditor") as the independent registered public accounting firm of the Company. During the year ended December 31, 2022, and through the date of this Current Report on Form 8-K, the Company has not had any disagreements with the Former Auditor on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures which, if not resolved to the satisfaction of the Former Auditor, would have caused them to make reference thereto in their reports on the Company's financial statements for such years. During the year ended December 31, 2022 and through the date of this Current Report on Form 8-K, there were no reportable events as defined in item 304(a)(1)(v) of Regulation S-K. The Company has requested that the Former Auditor furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of this letter is attached hereto to this amendment to the Form 8-K as Exhibit 16.1. New independent registered public accounting firm On January 5, 2024, the Company engaged Weinberg & Company, P.A. (the "New Auditor") as its independent PCAOB registered public accounting firm for the Company's fiscal year ended December 31, 2023. The recommendation to engage the New Auditor as the Company's independent registered public accounting firm was approved by the Company's Audit Committee and the Company's Board of Directors as it being in the best interests of the Company. During the two most recent fiscal years and through the Engagement Date, the Company has not consulted with the New Auditor regarding either: 1. The application of accounting principles to any specified transaction, either completed or

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from Reliant CPA PC 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 16, 2024 FOCUS UNIVERSAL, INC. By: /s/ Desheng Wang Name: Desheng Wang Title: Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR