Where Food Comes From Appoints New Auditor
Ticker: WFCF · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1360565
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: WFCF
TL;DR
WFCF swapped auditors, BDO USA, LLP is in, Weaver and Associates is out. No drama reported.
AI Summary
Where Food Comes From, Inc. (WFCF) announced on August 12, 2024, that it has appointed BDO USA, LLP as its new independent registered public accounting firm. This change follows the resignation of its previous auditor, Weaver and Associates, P.C., effective August 9, 2024. The company stated that the decision to change auditors was not a result of any disagreements with Weaver and Associates.
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 closely.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Where Food Comes From, Inc. (company) — Registrant
- BDO USA, LLP (company) — New independent registered public accounting firm
- Weaver and Associates, P.C. (company) — Resigned independent registered public accounting firm
- August 12, 2024 (date) — Date of report and appointment of new auditor
- August 9, 2024 (date) — Effective date of previous auditor's resignation
FAQ
Who is Where Food Comes From, Inc.'s new independent registered public accounting firm?
Where Food Comes From, Inc. has appointed BDO USA, LLP as its new independent registered public accounting firm.
When was the change in auditor announced?
The change in auditor was announced on August 12, 2024.
Who was Where Food Comes From, Inc.'s previous auditor?
Where Food Comes From, Inc.'s previous auditor was Weaver and Associates, P.C.
When did the previous auditor's resignation become effective?
The resignation of Weaver and Associates, P.C. was effective August 9, 2024.
Were there any disagreements that led to the change in auditors?
The company stated that the decision to change auditors was not a result of any disagreements with Weaver and Associates, P.C.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-08-15 12:00:31
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value WFCF The NASDAQ Stock Mar
Filing Documents
- form8-k.htm (8-K) — 40KB
- ex16-1.htm (EX-16.1) — 5KB
- 0001493152-24-032544.txt ( ) — 218KB
- wfcf-20240812.xsd (EX-101.SCH) — 3KB
- wfcf-20240812_lab.xml (EX-101.LAB) — 34KB
- wfcf-20240812_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant On August 12, 2024, Causey Demgen & Moore P.C. ("Causey") resigned as the independent registered public accounting firm of Where Food Comes From, Inc. (the "Company"). Causey recently entered into an agreement with Haynie & Company ("Haynie"), pursuant to which Haynie acquired certain operations of Causey, and certain of the professional staff and partners of Causey joined Haynie either as employees or partners of Haynie and will continue to practice as members of Haynie. On August 13, 2024, the Company, through and with the approval of its Audit Committee, engaged Haynie as its independent registered public accounting firm. Prior to engaging Haynie, the Company did not consult with Haynie regarding the application of accounting principles to a specific completed or contemplated transaction or regarding the type of audit opinions that might be rendered by Haynie on the Company's financial a decision as to any such accounting, auditing or financial reporting issue. The reports of Causey regarding the Company's financial statements for the fiscal years ended December 31, 2023 and 2022 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended December 31, 2023 and 2022, and during the period from December 31, 2023 through August 12, 2024, the date of resignation, there were no disagreements with Causey on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Causey would have caused it to make reference to such disagreement in its reports. The Company provided Causey with a copy of this Current Report on Form 8-K prior to its filing with the
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . Exhibit 16.1 Letter of Causey, Demgen & Moore P.C. dated August 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. WHERE FOOD COMES FROM, INC. (Registrant) By: /s/ Dannette Henning Date: August 15, 2024 Dannette Henning, Chief Financial Officer