AuditorJun 10, 2026, 04:07 PM
Autozi Internet Technology Engages Assentsure PAC as New Auditor
AI Summary
Autozi Internet Technology (Global) Ltd. announced the engagement of Assentsure PAC as its new independent auditor for the fiscal year ending September 30, 2026, effective June 4, 2026. This change follows the identification of material weaknesses in the company's internal controls during the fiscal years 2024 and 2025. These weaknesses include a lack of accounting staff with appropriate knowledge of U.S. GAAP and SEC reporting requirements, as well as inadequate internal file management procedures. The previous auditor, Marcum Asia, confirmed no disagreements on accounting matters, apart from these reported weaknesses.
Key Highlights
- Autozi Internet Technology engaged Assentsure PAC as its new independent auditor.
- The engagement was approved by the Audit Committee and Board of Directors on June 4, 2026.
- Previous auditor, Marcum Asia, identified material weaknesses in internal controls for FY2024 and FY2025.
- Weaknesses include lack of accounting staff with U.S. GAAP and SEC reporting knowledge.
- Also cited was a lack of internal file management procedures.
- No disagreements on accounting principles or practices with Marcum Asia, other than the material weaknesses.
- No prior consultations with Assentsure PAC on accounting or auditing matters.
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