Galaxy Enterprises Changes Certifying Accountant

Ticker: GLEI · Form: 8-K · Filed: Mar 19, 2024 · CIK: 1871890

Sentiment: neutral

Topics: auditor-change, real-estate

TL;DR

Galaxy Enterprises switched accountants on 12/11/23.

AI Summary

Galaxy Enterprises Inc. (WY) filed an 8-K on March 19, 2024, reporting a change in its certifying accountant as of December 11, 2023. The company, incorporated in Wyoming, is involved in real estate agents and managers for others.

Why It Matters

A change in a company's auditor can signal potential issues with financial reporting or a desire for a fresh perspective on internal controls.

Risk Assessment

Risk Level: low — This filing solely reports a change in the certifying accountant, which is a routine administrative event.

Key Players & Entities

FAQ

What was the specific reason for the change in Galaxy Enterprises Inc.'s certifying accountant?

The filing does not specify the reason for the change in certifying accountant, only that it occurred as of December 11, 2023.

Who was the previous certifying accountant for Galaxy Enterprises Inc.?

The provided text does not name the previous certifying accountant.

Who is the new certifying accountant for Galaxy Enterprises Inc.?

The provided text does not name the new certifying accountant.

When was the change in certifying accountant officially reported?

The change in certifying accountant was officially reported on March 19, 2024.

What is the primary business of Galaxy Enterprises Inc.?

Galaxy Enterprises Inc. is involved in Real Estate Agents & Managers (For Others), with SIC code 6531.

Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-03-19 17:14:56

Filing Documents

01 Change in Registrant's Certifying

ITEM 4.01 Change in Registrant's Certifying Accountant On December 11, 2023, we dismissed Ahmed & Associates CPA P.C. as our principal independent accountant. On December 20, 2023, we engaged Olayinka Oyebola & Co., Chartered Accountants, as our principal independent accountant. Our board of directors approved the change of principal independent accountants. The principal independent accountant's report issued by Ahmed & Associates CPA P.C. for the fiscal year ended July 31, 2023 did not contain any adverse opinion or disclaimer of opinion and it was not modified as to uncertainty, audit scope, or accounting principles, except that such report on our financial statements contained an explanatory paragraph in respect to the substantial doubt about our ability to continue as a going concern.. There were no disagreements with Ahmed & Associates CPA P.C., our former principal independent accountant, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Ahmed & Associates CPA P.C.'s satisfaction, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its reports on our consolidated financial statements for such periods. We have requested that Ahmed & Associates CPA P.C. furnish us with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it disagrees with the above statements. However, Ahmed & Associates CPA P.C. has been non-communicative. We did not consult with Olayinka Oyebola & Co., Chartered Accountants, prior to the date of engagement regarding the application of accounting principles, the type of audit opinion that might be rendered by him, or any other similar matters. In addition, during such periods, we have not consulted with Olayinka Oyebola & Co., Chartered Accountants, regarding any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) and the relat

SIGNATURES

SIGNATURES 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. Galaxy Enterprises Inc Date: March 18, 2024 By: /s/ Greg Navone Greg Navone, President 2

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