Welsis Corp. Changes Independent Accountants

TL;DR

Welsis swapped auditors from BDO USA to Armanino LLP on June 4th.

AI Summary

Welsis Corp. announced on June 4, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, BDO USA, P.A., 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 a company's auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.

Risk Assessment

Risk Level: medium — Changes in auditors can sometimes precede or coincide with other significant events, warranting closer attention.

Key Players & Entities

• Welsis Corp. (company) — Registrant
• BDO USA, P.A. (company) — Former Certifying Accountant
• Armanino LLP (company) — New Certifying Accountant
• June 4, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• welsis_8k.htm (8-K) — 31KB
• 0001683168-24-004032.txt ( ) — 201KB
• none-20240604.xsd (EX-101.SCH) — 3KB
• none-20240604_lab.xml (EX-101.LAB) — 33KB
• none-20240604_pre.xml (EX-101.PRE) — 22KB
• welsis_8k_htm.xml (XML) — 4KB

01 Changes in Company's Certifying

Item 4.01 Changes in Company's Certifying Accountant . 1) Dismissal of BF Borgers CPA PC ("BF Borgers") as Independent Registered Public Accountant On June 4, 2024, Welsis Corp (the "Company") Board of Directors formally dismissed BF Borgers as the Company's independent registered public accounting firm. On May 3, 2024, the Securities and Exchange Commission (the "SEC") permanently suspended BF Borgers CPA PC ("BF Borgers") from appearing or practicing before the SEC as an accountant. The reports of BF Borgers on the Company's consolidated financial not qualified or modified as to uncertainty, audit scope or accounting principles other than an explanatory paragraph relating to the Company's ability to continue as a going concern. During the fiscal year ended September 30, 2023 through June 4, 2024, there were no "disagreements" with BF Borgers 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 BF Borgers would have caused BF Borgers to make reference thereto in its reports on the consolidated financial statement for such years. During the fiscal years ended September 30, 2023 through June 4, 2024, there have been no "reportable events" (as defined in Item 304(a)(1)(iv) and Item 304(a)(1)(v) of Registration S-K), except for the identified operating losses as disclosed in the Company's Annual Report. The Company provided BF Borgers with a copy of the disclosure made herein in response to Item 304(a) of Regulation S-K. As contemplated by the SEC's Staff Statement on Issuer Disclosure and Reporting Obligations in Light of Rule 102(e) Order against BF Borgers CPA PC, which was disseminated by the SEC on May 13, 2024, in lieu of including a letter from BF Borgers stating whether it agrees with the Item 304 d

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. WELSIS CORP. Date: June 6, 2024 By : /s/ Kwok Boon Kit Name: Kwok Boon Kit Title: CEO 3

View Full Filing

View this 8-K filing on SEC EDGAR