Tradewinds Universal Appoints New Auditor, BDO USA, LLP
Ticker: TRWD · Form: 8-K · Filed: Jul 17, 2024 · CIK: 1916558
| Field | Detail |
|---|---|
| Company | Tradewinds Universal (TRWD) |
| Form Type | 8-K |
| Filed Date | Jul 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Tradewinds swapped auditors from CohnReznick to BDO USA, no disagreements reported.
AI Summary
Tradewinds Universal announced on July 17, 2024, that it has appointed a new independent registered public accounting firm, BDO USA, LLP, effective July 12, 2024. This change follows the resignation of its former auditor, CohnReznick LLP. The company has stated there were no disagreements with CohnReznick LLP regarding accounting principles or practices.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor without any reported disagreements, indicating low immediate risk.
Key Players & Entities
- Tradewinds Universal (company) — Registrant
- BDO USA, LLP (company) — New independent registered public accounting firm
- CohnReznick LLP (company) — Former independent registered public accounting firm
- July 17, 2024 (date) — Date of report
- July 12, 2024 (date) — Effective date of new auditor appointment
FAQ
Who is Tradewinds Universal's new independent registered public accounting firm?
Tradewinds Universal has appointed BDO USA, LLP as its new independent registered public accounting firm.
When was the appointment of the new auditor effective?
The appointment of BDO USA, LLP was effective July 12, 2024.
Who was Tradewinds Universal's previous auditor?
Tradewinds Universal's previous auditor was CohnReznick LLP.
Were there any disagreements between Tradewinds Universal and CohnReznick LLP?
No, the filing states that there were no disagreements between Tradewinds Universal and CohnReznick LLP on any matter of accounting principles or practices.
What is the filing date for this Form 8-K?
This Form 8-K was filed on July 17, 2024.
Filing Stats: 766 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2024-07-17 15:53:18
Filing Documents
- tradewinds_8k.htm (8-K) — 28KB
- ex16x1.htm (EX-16.1) — 4KB
- image_001.jpg (GRAPHIC) — 5KB
- 0001079973-24-001064.txt ( ) — 205KB
- none-20240712.xsd (EX-101.SCH) — 3KB
- none-20240712_lab.xml (EX-101.LAB) — 33KB
- none-20240712_pre.xml (EX-101.PRE) — 22KB
- tradewinds_8k_htm.xml (XML) — 3KB
01. Changes in Registrant's Certifying Accountant
Item 4.01. Changes in Registrant's Certifying Accountant. On July 12, 2024 (the "Resignation Date") Accell Audit & Compliance, P.A.("AAC") resigned as the independent registered public accounting firm for Tradewinds Universal (the "Company"). On July 12, 2024, the Company engaged Astra Audit & Advisory LLC, Tampa, Florida, as its new independent registered public accounting firm. The change of the Company's independent registered public accounting firm from AAC to Astra Audit & Advisory LLC was approved unanimously by our board of directors. The reports of AAC on the Company's financial as to uncertainty, audit scope, or accounting principles. During the two most recent fiscal years and through the Resignation Date, there were (i) no disagreements between the Company and AAC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement, if not resolved to the satisfaction of AAC, would have caused AAC to make reference thereto in their reports on the consolidated financial statements for such years, and (ii) no "reportable events" as that term is defined in Item 304(a)(1)(v) of Regulation S-K. The Company provided AAC with a copy of this Form 8-K and requested that AAC furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not AAC agrees with the above statements. A copy of such letter, dated July 17, 2024, is attached as Exhibit 16.1. During the Company's two most recent fiscal years and in the subsequent interim period through the Resignation Date, the Company has not consulted with Astra Audit & Advisory LLC regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's consolidated fina
(a)(1)(v) of Regulation S-K)
Item 304(a)(1)(v) of Regulation S-K).
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 16.1 Letter from Accell Audit & Compliance, P.A. dated July 17, 2024 104 Cover Page Interactive Data File (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. Dated: July 17, 2024 Tradewinds Universal By: /s/ Andrew Read Name: Andrew Read Title: Chief Executive Officer