Home Accountant XCEL BRANDS, INC. : Changes made to the holder’s certifying accountant, financial statements and supporting documents (form 8-K)

XCEL BRANDS, INC. : Changes made to the holder’s certifying accountant, financial statements and supporting documents (form 8-K)

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Item 4.01 Changes in the holder’s certifying accountant.

(a) Dismissal of the former registered independent accounting firm.

At October 1, 2021, the Company has dismissed CohnReznick srl (“CR”) sound

registered independent accounting firm. The audit committee of the

I. The Board of Directors of the Company approved this dismissal on September 20,

    2021, subject to acceptance by the Company's new independent registered public
    accounting firm of the Company as a client.


     The Company's Audit Committee of the Board of Directors participated in and

ii. approved the decision to change our registered independent public accounting

solidify.

CR reports on the financial statements of the Company as of and for the

iii. completed years December 31, 2019 and 2020 did not contain an unfavorable opinion or

      a disclaimer of opinion, nor were they qualified or modified as to
      uncertainty, audit scope, or accounting principles.


     In connection with the audits of the financial statements of the Company for
     the years ended December 31, 2019 and 2020 and the subsequent interim period
     through October 1, 2021, there were no disagreements on any matter of

iv. the accounting principles or practices, the information to be provided in the financial statements, or

     auditing scope or procedures, which disagreements if not resolved to their
     satisfaction would have caused them to make reference in connection with CR's
     opinion to the subject matter of the disagreement.


    In connection with the audited financial statements of the Company for the

v. year ended December 31, 2019 and 2020 and the following interim period

    through October 1, 2021, there have been no reportable events with the Company
    as set forth in Item 304(a)(1)(v) of Regulation S-K.


     The Company provided CR with a copy of this Current Report on Form 8-K and
     requested that CR furnish it with a letter addressed to the SEC stating

vi. whether or not they agree with the above statements. The Company received

the requested letter from CR, and a copy of this letter is filed as an exhibit

16.1 to this current report on form 8-K.

(b) Hiring of a new registered independent accounting firm.

At September 30, 2021, the audit committee of the board of directors appointed

Marcum LLP (“Marcum”) as a new registered public company independent of the Company

I. accounting firm. The decision to hire Marcum was approved by the

    Audit Committee of the Board of Directors on September 20, 2021, subject to
    acceptance by the Company's new independent registered public accounting firm
    of the Company as a client.


     Prior to September 30, 2021, the Company did not consult with Marcum
     regarding (1) the application of accounting principles to a specified
     transactions, (2) the type of audit opinion that might be rendered on the
     Company's financial statements, (3) written or oral advice was provided that

ii. would be an important factor taken into account by the Company in making a decision

     as to an accounting, auditing or financial reporting issues, or (4) any
     matter that was the subject of a disagreement between the Company and its
     predecessor auditor as described in Item 304(a)(1)(iv) of Regulation S-k or a
     reportable event as described in Item 304(a)(1)(v) of Regulation S-K.


                  Item 9.01 Financial Statements and Exhibits.


Exhibit No.    Description

16.1             Letter from CohnReznick LLP dated October 5, 2021
104            Cover Page Interactive Data File (embedded within the Inline XBRL document)

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