GlobalTech Corp Changes Independent Auditor
Ticker: GLTK · Form: 8-K · Filed: Mar 25, 2024 · CIK: 1938338
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
GlobalTech dumped Sadler & Associates, bringing in Malone Bailey LLP as their new auditor.
AI Summary
GlobalTech Corporation announced on March 25, 2024, a change in its certifying accountant. The company has dismissed its former independent registered public accounting firm, Sadler & Associates, CPAs, and has appointed MaloneBailey LLP as its new independent registered public accounting firm.
Why It Matters
A change in auditors can sometimes signal underlying issues with financial reporting or internal controls, or it could simply be a strategic decision by the company.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial irregularities or restatements, warranting closer scrutiny.
Key Players & Entities
- GlobalTech Corporation (company) — Registrant
- Sadler & Associates, CPAs (company) — Former certifying accountant
- Malone Bailey LLP (company) — New certifying accountant
- March 25, 2024 (date) — Date of report and change
FAQ
When was the change in certifying accountant effective?
The change in certifying accountant was effective as of March 25, 2024.
Who was GlobalTech Corporation's former certifying accountant?
GlobalTech Corporation's former certifying accountant was Sadler & Associates, CPAs.
Who is GlobalTech Corporation's new certifying accountant?
GlobalTech Corporation's new certifying accountant is Malone Bailey LLP.
What is GlobalTech Corporation's state of incorporation?
GlobalTech Corporation is incorporated in Nevada.
What is GlobalTech Corporation's principal executive office address?
GlobalTech Corporation's principal executive office is located at 3550 Barron Way Suite 13a, Reno, NV 89511.
Filing Stats: 338 words · 1 min read · ~1 pages · Grade level 12.8 · Accepted 2024-03-25 16:45:44
Filing Documents
- global_8k.htm (8-K) — 18KB
- 0001477932-24-001455.txt ( ) — 125KB
- global-20240325.xsd (EX-101.SCH) — 6KB
- global-20240325_lab.xml (EX-101.LAB) — 12KB
- global-20240325_cal.xml (EX-101.CAL) — 1KB
- global-20240325_pre.xml (EX-101.PRE) — 8KB
- global-20240325_def.xml (EX-101.DEF) — 2KB
- global_8k_htm.xml (XML) — 3KB
01 Appointment of Auditor
Item 4.01 Appointment of Auditor The Company has appointed M/s Saeed Kamran & Co as the Company's independent registered public accounting firm for the Company's fiscal year ended December 31, 2023. During the two most recent fiscal years and in subsequent interim period through March 25, 2024, the Company has not consulted with M/s Saeed Kamran & Co with respect to the applications of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that would have been rendered on the Company's consolidated financial statements or any other matter set forth in item 304(a)(1)(iv) or (v) of Regulation S-K. 2
SIGNATURES
SIGNATURES 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 hereunto duly authorized. GlobalTech Corporation /s/ Dana Green Chief Executive Officer Date: March 25, 2024 3