Business Context and Reporting Period
This Form 8-K is filed by Orient Paper, Inc., a Nevada corporation, with a reporting date of September 26, 2011. The filing addresses a significant corporate governance event regarding the re-audit of historical financial statements.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notification of an audit event rather than a financial performance report.
Material Changes
- Re-audit Completion: The Company's registered independent public accounting firm, BDO Limited (a Hong Kong member firm of BDO International Ltd.), has completed the re-audit of the Company's 2008 financial statements.
- Original Auditor: The 2008 statements were originally audited by Davis Accounting Group P.C.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the implication of the re-audit itself. The Company issued a press release regarding this event, which is filed as Exhibit 99.1 and incorporated by reference.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated September 26, 2011) for details on the re-audit findings.
- Verify if the re-audit resulted in any restatements or material adjustments to the 2008 financial statements.
- Confirm the current status of the relationship with the original auditor, Davis Accounting Group P.C.