Cyber Apps World Dismisses Accountant
Ticker: LEEN · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1230524
Sentiment: neutral
Topics: auditor-change, disclaimer
TL;DR
Cyber Apps World dumped its accountant, no drama reported, but they haven't picked a new one yet.
AI Summary
Cyber Apps World Inc. announced on March 26, 2024, that it has dismissed its certifying accountant, M&T Certified Public Accountants, P.A., effective March 22, 2024. The company stated that there were no disagreements between the company and the accountant. Cyber Apps World Inc. has not yet appointed a new independent registered public accounting firm.
Why It Matters
A change in auditor can sometimes signal underlying issues or a strategic shift within a company, potentially impacting investor confidence.
Risk Assessment
Risk Level: medium — A change in auditor, especially without a replacement immediately named, can introduce uncertainty for investors.
Key Players & Entities
- Cyber Apps World Inc. (company) — Registrant
- M&T Certified Public Accountants, P.A. (company) — Dismissed Certifying Accountant
- March 22, 2024 (date) — Effective date of dismissal
- March 26, 2024 (date) — Date of report
FAQ
When was the dismissal of the certifying accountant effective?
The dismissal of M&T Certified Public Accountants, P.A. was effective as of March 22, 2024.
Were there any disagreements between Cyber Apps World Inc. and its former accountant?
No, the filing explicitly states that there were no disagreements between Cyber Apps World Inc. and M&T Certified Public Accountants, P.A.
Has Cyber Apps World Inc. appointed a new independent registered public accounting firm?
No, as of the filing date, Cyber Apps World Inc. has not yet appointed a new independent registered public accounting firm.
What is the filing date of this 8-K report?
The filing date of this 8-K report is March 26, 2024.
What was the former company name of Cyber Apps World Inc.?
The filing lists several former company names including CLEAN ENVIRO TECH CORP, SKY POWER SOLUTIONS CORP., and Superlattice Power, Inc.
Filing Stats: 723 words · 3 min read · ~2 pages · Grade level 12.5 · Accepted 2024-03-26 16:17:37
Filing Documents
- cyberapps_8k.htm (8-K) — 26KB
- 0001477932-24-001471.txt ( ) — 138KB
- cyap-20240322.xsd (EX-101.SCH) — 6KB
- cyap-20240322_lab.xml (EX-101.LAB) — 13KB
- cyap-20240322_cal.xml (EX-101.CAL) — 1KB
- cyap-20240322_pre.xml (EX-101.PRE) — 8KB
- cyap-20240322_def.xml (EX-101.DEF) — 2KB
- cyberapps_8k_htm.xml (XML) — 3KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant (a) Withdrawal of Previous Independent Registered Public Accounting Firm (i) Effective March 22, 2024, Victor Mokuolo, CPA PLLC (" VMCP ") withdrew from its engagement as the Company's independent registered public accounting firm. (ii) During the period of its engagement (December 13, 2023 to March 22, 2024), VMCP did not issue a report on the Company's financial statements. During the engagement period and through the date of this Report, there were no disagreements, within the meaning of Item 304(a)(1)(iv) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (" Regulation S-K "), and the related instructions thereto, with VMCP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of VMCP, would have caused it to make reference to the subject matter of the disagreements in connection with its reports. Also, during this same period, there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K and the related instructions thereto. (iv) The Company provided VMCP with the disclosures under this Item 4.01 and requested VMCP to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this Item 4.01(a) and, if not, stating the respects in which it does not agree. Upon receipt, VMCP's letter will be filed as Exhibit 16.1 by an amendment to this Report. (b) Appointment of New Independent Registered Public Accounting Firm (i) Effective March 22, 2024, the CYAP's board of directors approved the engagement of WWC, P.C. (" WWC ") as the Company's new independent registered public accounting firm. (ii) During the Company's fiscal years ended July 31, 2023 and July 31, 2022, and the subsequent interim period through the date of this Report