5/5Guru App Factory Corp (GAFC): Auditor change

Market data

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Verified excerpt

"(the " Company ") (i) approved the dismissal of Fruci & Associates II, PLLC (" Fruci ") as the Company's independent registered public accounting firm and (ii) appointed Enrome LLP (" Enrome ") as the Company's independent registered public accounting firm for the fiscal year ending July 31, 2025, including performing reviews of the interim periods beginning with the period ending July 31, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: yes
Former auditor: Fruci & Associates II, PLLC · New auditor: Enrome LLP

Why this score: disagreements reported; also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q)