StockWatch
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Investment Bankers/Brokers/Service
AuditorJul 10, 2026, 06:08 AM

InnSuites Hospitality Trust Appoints Simon & Edward as New Auditor

AI Summary

InnSuites Hospitality Trust has appointed Simon & Edward LLP (S&E) as its new independent registered public accounting firm, effective July 9, 2026. This change follows S&E's acquisition of the attest business of the Trust's previous auditor, BCRG Group, which was simultaneously dismissed. BCRG's audit reports for fiscal years 2026 and 2025 included an explanatory paragraph regarding substantial doubt about the Trust's ability to continue as a going concern, but no other disagreements or reportable events were noted.

Key Highlights

  • InnSuites Hospitality Trust appointed Simon & Edward LLP (S&E) as its new independent registered public accounting firm.
  • S&E acquired the attest business of the previous auditor, BCRG Group, effective June 15, 2026.
  • The Audit Committee dismissed BCRG Group and appointed S&E on July 9, 2026.
  • BCRG's audit reports for FY 2026 and 2025 included an explanatory paragraph about going concern uncertainty.
  • No disagreements or reportable events occurred between the Trust and BCRG Group.