Longduoduo Co Ltd Changes Independent Accountant
Ticker: LDDD · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1892316
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Longduoduo dumped its auditor Zhitong CPAs LLP on Aug 12. No red flags in their reports, but still a change.
AI Summary
Longduoduo Co Ltd announced on August 12, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, Zhitong Certified Public Accountants LLP, effective August 12, 2024. Zhitong Certified Public Accountants LLP's audit reports on the company's financial statements for the fiscal years ended June 30, 2023, and June 30, 2024, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified.
Why It Matters
A change in auditor can signal potential concerns about financial reporting or a desire for a fresh perspective on the company's financial health.
Risk Assessment
Risk Level: medium — A change in auditor, especially without explicit reasons provided, can sometimes indicate underlying issues or disagreements regarding financial reporting.
Key Players & Entities
- Longduoduo Co Ltd (company) — Registrant
- Zhitong Certified Public Accountants LLP (company) — Dismissed Independent Registered Public Accounting Firm
- August 12, 2024 (date) — Date of dismissal of accountant
- June 30, 2023 (date) — Fiscal year end for previous audit reports
- June 30, 2024 (date) — Fiscal year end for previous audit reports
FAQ
Who is Longduoduo Co Ltd's new certifying accountant?
The filing does not disclose the name of the new certifying accountant, only that Zhitong Certified Public Accountants LLP has been dismissed.
What were the reasons for dismissing Zhitong Certified Public Accountants LLP?
The filing states that the dismissal was not the result of any disagreement between the Company and Zhitong Certified Public Accountants LLP on any matter of accounting principles or practices or financial statement disclosure.
Did Zhitong Certified Public Accountants LLP's reports contain any adverse opinions?
No, Zhitong Certified Public Accountants LLP's audit reports on the company's financial statements for the fiscal years ended June 30, 2023, and June 30, 2024, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified.
When was the dismissal of the accountant effective?
The dismissal of Zhitong Certified Public Accountants LLP was effective August 12, 2024.
Has Longduoduo Co Ltd consulted with any other accounting firms since the last fiscal year-end audit?
The filing states that the Company has not consulted with any other accounting firms regarding the audit of its financial statements or related matters since its last annual report.
Filing Stats: 754 words · 3 min read · ~3 pages · Grade level 9.9 · Accepted 2024-08-16 08:00:39
Filing Documents
- ea0211619-8k_longduo.htm (8-K) — 27KB
- ea021161901ex-16_longduo.htm (EX-16) — 4KB
- 0001213900-24-069976.txt ( ) — 201KB
- lddd-20240812.xsd (EX-101.SCH) — 3KB
- lddd-20240812_lab.xml (EX-101.LAB) — 33KB
- lddd-20240812_pre.xml (EX-101.PRE) — 22KB
- ea0211619-8k_longduo_htm.xml (XML) — 4KB
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. Longduoduo Company Limited Date: August 16, 2024 By: /s/ Zhou Hongxiao Zhou Hongxiao, CEO 2