Sino Green Land Corporation (OTC Markets:SGLA), a wholesale distributor of miscellaneous durable goods, announced today that it has appointed AUDIT ALLIANCE LLP as its new independent registered public accounting firm, effective immediately. This decision follows the dismissal of the company's previous auditor, Weinberg & Company, P.A., which was also effective today.
The change in the company's certifying accountant was approved by the Board of Directors and disclosed in a Form 8-K filed with the Securities and Exchange Commission.
According to the filing, there were no disagreements between Sino Green Land Corp and Weinberg on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedures that, if not resolved, would have led Weinberg to make reference to the subject matter of the disagreement.
Furthermore, the reports of Weinberg on the company's financial statements for the six-month transition period ended June 30, 2023, and the fiscal year ended December 31, 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.
However, an explanatory paragraph was included regarding the existence of substantial doubt about the company's ability to continue as a going concern.
The company's filing also indicates that there were no reportable events, as defined in the SEC regulations, during the transition period or the fiscal year, nor through the date of the report. Weinberg has provided a letter to the SEC, which is attached as Exhibit 16.1 to the Form 8-K, agreeing with the statements made in the company's disclosures.
Sino Green Land Corp has not previously consulted with AUDIT ALLIANCE LLP on any matters regarding accounting principles or the type of audit opinion that might be rendered on the company's financial statements. The appointment of AUDIT ALLIANCE LLP is for the audit of the company's financial statements for the year ended June 30, 2024.
This change comes as Sino Green Land Corporation continues to conduct its business operations from its principal executive offices located in Semenyih, Selangor, Malaysia. The information provided in this article is based on the company's recent SEC filing.
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