Quality Industrial Corp. Changes Certifying Accountant
Ticker: QIND · Form: 8-K · Filed: Aug 20, 2024 · CIK: 1393781
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
Quality Industrial Corp. just switched auditors from Sadler, Gibb & Associates to BDO USA, P.A.
AI Summary
Quality Industrial Corp. announced on August 19, 2024, a change in its certifying accountant. The company has dismissed its former independent registered public accounting firm, Sadler, Gibb & Associates, LLC, and has appointed BDO USA, P.A. as its new principal independent registered public accounting firm.
Why It Matters
A change in auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.
Risk Assessment
Risk Level: medium — A change in auditor, especially without explicit positive reasons, can sometimes indicate disagreements or concerns about financial reporting.
Key Players & Entities
- Quality Industrial Corp. (company) — Registrant
- Sadler, Gibb & Associates, LLC (company) — Former Certifying Accountant
- BDO USA, P.A. (company) — New Certifying Accountant
- August 19, 2024 (date) — Date of Report
FAQ
When was the decision to change auditors made?
The filing states the change was effective August 19, 2024, implying the decision was made on or before this date.
Were there any disagreements with the former auditor, Sadler, Gibb & Associates, LLC?
The filing does not explicitly state any disagreements with Sadler, Gibb & Associates, LLC.
What is the address of Quality Industrial Corp.'s principal executive offices?
The address is 315 Montgomery Street, San Francisco, CA 94104.
What is the SEC file number for Quality Industrial Corp.?
The SEC file number is 000-56239.
Has Quality Industrial Corp. had previous name changes?
Yes, the company was formerly known as WIKISOFT CORP. (name change effective June 29, 2020) and POWER PLAY DEVELOPMENT CORP (name change effective March 20, 2007).
Filing Stats: 436 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-08-20 06:02:56
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share QIND OTC Market
Filing Documents
- ea0211868-8k_quality.htm (8-K) — 24KB
- 0001213900-24-070882.txt ( ) — 192KB
- qind-20240819.xsd (EX-101.SCH) — 3KB
- qind-20240819_lab.xml (EX-101.LAB) — 33KB
- qind-20240819_pre.xml (EX-101.PRE) — 22KB
- ea0211868-8k_quality_htm.xml (XML) — 3KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. Appointment of New Independent Registered Public Accounting Firm On August 19, 2024, Quality Industrial Corp. (the "Company") engaged Bush and Associates CPA (the "New Accountant") as its independent registered public accounting firm. The engagement of the New Accountant was approved by the Company's Board of Directors. SECTION 9 – FINANCIAL
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) The following exhibits are being filed herewith: ExhibitNo. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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. Quality Industrial Corp. /s/ John-Paul Backwell John-Paul Backwell CEO Date: August 20, 2024 2