SEC Filing Summary: Tengasco, Inc. (Form 8-K)
Business Context and Reporting Period
This Form 8-K was filed by Tengasco, Inc. on September 21, 2011. The report discloses a change in the company's independent registered public accounting firm. Note: The input metadata referenced "Riley Exploration Permian, Inc.," but the filing text explicitly identifies the registrant as Tengasco, Inc.
Key Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document is a current report focused solely on corporate governance regarding the audit firm.
Material Changes
- Accountant Change: Tengasco, Inc. dismissed Rodefer Moss & Co., PLLC as its independent registered public accounting firm, effective September 21, 2011.
- New Appointment: The company engaged Hein & Associates LLP as its new independent registered public accounting firm, effective September 21, 2011.
- Audit History: The reports issued by Rodefer Moss for the years ended December 31, 2010, and 2009 did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
Guidance, Outlook, and Risks
Management Commentary: The change in accountants was recommended and approved by the Company's Audit Committee. Management explicitly states that the decision was not the result of any disagreement with Rodefer Moss regarding accounting principles, financial statement disclosure, or auditing scope.
Risks and Contingencies: The filing confirms there were no reportable events or disagreements during the two most recent fiscal years or the subsequent interim period. The former accountant, Rodefer Moss, provided a letter to the SEC (Exhibit 16.1) agreeing with the statements made by the Company.
Investor Verification Checklist
- Verify the identity of the registrant (Tengasco, Inc.) versus the metadata label (Riley Exploration Permian, Inc.).
- Review Exhibit 16.1 (Letter from Rodefer Moss) to confirm the former auditor's concurrence with the change.
- Confirm the effective date of the new auditor (Hein & Associates LLP) is September 21, 2011.
- Check subsequent filings for the first financial statements audited by the new firm.