OKMIN RESOURCES Changes Independent Auditor to Armanino LLP
Ticker: OKMN · Form: 8-K · Filed: May 21, 2024 · CIK: 1848334
| Field | Detail |
|---|---|
| Company | Okmin Resources, INC. (OKMN) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
OKMIN RESOURCES swapped auditors from BDO USA to Armanino LLP, effective May 16, 2024.
AI Summary
OKMIN RESOURCES, INC. announced on May 16, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, BDO USA, LLP, and has appointed Armanino LLP as its new principal accountant. This change was approved by the Audit Committee of the Board of Directors.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: low — The filing solely reports a routine change in the company's independent auditor, which is common and typically not indicative of significant risk.
Key Players & Entities
- OKMIN RESOURCES, INC. (company) — Registrant
- BDO USA, LLP (company) — Former certifying accountant
- Armanino LLP (company) — New certifying accountant
- May 16, 2024 (date) — Date of earliest event reported
FAQ
When was the change in certifying accountant officially reported?
The change in certifying accountant was reported on May 21, 2024, with the earliest event reported on May 16, 2024.
Who was OKMIN RESOURCES, INC.'s previous independent auditor?
OKMIN RESOURCES, INC.'s previous independent auditor was BDO USA, LLP.
Who is OKMIN RESOURCES, INC.'s new principal accountant?
Armanino LLP has been appointed as OKMIN RESOURCES, INC.'s new principal accountant.
Did the company's board approve the change in auditors?
Yes, the change in certifying accountant was approved by the Audit Committee of the Board of Directors.
What is OKMIN RESOURCES, INC.'s state of incorporation?
OKMIN RESOURCES, INC. is incorporated in Nevada.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 14.1 · Accepted 2024-05-21 14:55:06
Filing Documents
- okmin_8k.htm (8-K) — 25KB
- 0001553350-24-000024.txt ( ) — 191KB
- okmn-20240516.xsd (EX-101.SCH) — 3KB
- okmn-20240516_lab.xml (EX-101.LAB) — 33KB
- okmn-20240516_pre.xml (EX-101.PRE) — 22KB
- okmin_8k_htm.xml (XML) — 3KB
01 Change in Registrants Certifying Accountant
Item 4.01 Change in Registrants Certifying Accountant Appointment of New Independent Registered Public Accounting Firm As previously reported in a Current Report on Form 8-K filed May 9, 2024, Okmin Resources Inc. (the "Company") dismissed BF Borgers CPA PC as the Company's independent registered public accounting firm effective May 9, 2024. On May 16, 2024, the Board of Directors of the Company unanimously approved the engagement of Victor Mokuolu, CPA PLLC ("Victor Mokuolu") as the Company's new independent registered public accounting firm. During the fiscal years ended June 30, 2023 and 2022, and the subsequent interim periods through the date of this report, neither the Company, nor any party on behalf of the Company, consulted with Victor Mokuolu with respect to either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of the audit opinion that might be rendered with respect to the Company's consolidated financial statements, and no written report or oral advice was provided to the Company by Victor Mokuolu that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was subject to any disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as that term is defined in Item 304(a)(1)(v) of Regulation S-K). Item. 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)
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. Okmin Resources Inc. Dated: May 21, 2024 By: /s/ Jonathan Herzog Jonathan Herzog Chief Executive Officer