Luvu Brands Changes Auditors to EisnerAmper LLP
Ticker: LUVU · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1374567
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Luvu Brands dumped BDO USA, LLP and hired EisnerAmper LLP as their new auditor.
AI Summary
Luvu Brands, Inc. announced on June 13, 2024, a change in its certifying accountant. The company has dismissed its independent registered public accounting firm, BDO USA, LLP, effective June 10, 2024. Luvu Brands, Inc. has appointed EisnerAmper LLP as its new independent registered public accounting firm.
Why It Matters
A change in auditors can signal potential issues with past financial reporting or a strategic shift in how the company presents its financials.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial restatements or other financial irregularities.
Key Players & Entities
- Luvu Brands, Inc. (company) — Registrant
- BDO USA, LLP (company) — Former independent registered public accounting firm
- EisnerAmper LLP (company) — New independent registered public accounting firm
- June 13, 2024 (date) — Date of report
- June 10, 2024 (date) — Effective date of dismissal of former auditor
FAQ
When was the dismissal of BDO USA, LLP effective?
The dismissal of BDO USA, LLP was effective June 10, 2024.
Who is Luvu Brands, Inc.'s new independent registered public accounting firm?
Luvu Brands, Inc. has appointed EisnerAmper LLP as its new independent registered public accounting firm.
What is the filing date of this Form 8-K?
The filing date of this Form 8-K is June 13, 2024.
What was the previous accounting firm for Luvu Brands, Inc.?
The previous accounting firm for Luvu Brands, Inc. was BDO USA, LLP.
In which state is Luvu Brands, Inc. incorporated?
Luvu Brands, Inc. is incorporated in Florida.
Filing Stats: 796 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2024-06-13 13:02:21
Filing Documents
- luvu_8k.htm (8-K) — 24KB
- luvu_ex161.htm (EX-16.1) — 6KB
- luvu_ex161img1.jpg (GRAPHIC) — 3KB
- luvu_ex161img6.jpg (GRAPHIC) — 6KB
- 0001654954-24-007709.txt ( ) — 153KB
- luvu-20240613.xsd (EX-101.SCH) — 6KB
- luvu-20240613_lab.xml (EX-101.LAB) — 12KB
- luvu-20240613_cal.xml (EX-101.CAL) — 1KB
- luvu-20240613_pre.xml (EX-101.PRE) — 8KB
- luvu-20240613_def.xml (EX-101.DEF) — 2KB
- luvu_8k_htm.xml (XML) — 3KB
01 Changes to Registrant's Certifying Accountant
Item 4.01 Changes to Registrant's Certifying Accountant. On June 12, 2024, Luvu Brands, Inc. (the "Company") decided to change its independent registered public accountants and accordingly dismissed Assurance Dimensions. The report of Assurance Dimensions on the Company's financial statements as of and for the fiscal year ended June 30, 2023, did not contain an adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles. The decision to change independent registered public accountants was approved by the Board of Directors. During the Company's most recent fiscal years and the subsequent interim period through June 12, 2024, there were no disagreements with Assurance Dimensions on any matter of the accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which if not resolved to Assurance Dimensions' satisfaction would have caused it to make reference to the subject matter of the disagreement in connection with the report. During the Company's most recent fiscal years and the subsequent period through June 12, 2024, there were no reportable events of the type described in Item 304(a)(1)(v) of Regulation S-K. The Company has provided Assurance Dimensions with the contents of this current report on Form 8-K and has requested that Assurance Dimensions furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this report, and if not, stating the respects in which it does not agree. A copy of the letter from Assurance Dimensions to the Securities and Exchange Commission is filed as Exhibit 16.1 hereto. On June 12, 2024, the Board of Directors approved the engagement of EC Barrett, LLC ("ECB") as the Company's independent registered public accounting firm for the year ending June 30, 2024. During the year ended June 30, 2023, and through June 12, 2024, neither the Company nor
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibits Description 16.1 Auditor Transition Letter from Assurance Dimensions to the SEC 3
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. Luvu Brands, Inc. Date: June 13 2024 By: /s/ Louis S. Friedman Louis S. Friedman, Chief Executive Officer 4