Business Context and Reporting Period
This Form 8-K Current Report was filed by Energy Services of America Corporation (ESOA) on February 16, 2024. The report discloses a material change in the Company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on the change in auditors.
Material Changes
- Dismissal of Auditor: On February 16, 2024, the Company dismissed Baker Tilly US, LLP as its independent registered public accounting firm. This decision was approved by the Audit Committee.
- Engagement of New Auditor: On the same date, the Company engaged Urish Popeck & Co., LLC (UPC) as the new independent registered public accounting firm for the fiscal year ending September 30, 2024.
- Audit History: The audit reports issued by Baker Tilly for the fiscal years ended September 30, 2023, and September 30, 2022, were unqualified and did not contain adverse opinions, disclaimers, or modifications regarding uncertainty, scope, or accounting principles.
- Disagreements: The Company reported no disagreements with Baker Tilly regarding accounting principles, practices, or audit scope during the two most recent fiscal years or the interim period through February 16, 2024. No "reportable events" occurred.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on business outlook, or discussion of specific risks or contingencies related to operations. The primary disclosure is the procedural change in audit oversight.
Investor Verification Checklist
- Verify the reasons for the auditor change by reviewing the letter from Baker Tilly US, LLP (Exhibit 16.1) to ensure no undisclosed disagreements exist.
- Confirm the transition timeline and scope of work for the new auditor, Urish Popeck & Co., LLC.
- Monitor upcoming filings (e.g., 10-Q or 10-K) for any restatements or adjustments resulting from the change in accounting firm.
- Review the Audit Committee's rationale for the dismissal and selection, which may be detailed in subsequent proxy statements or board minutes.