SEC Filing Summary: Where Food Comes From, Inc.
Business Context and Reporting Period
This Form 8-K Current Report was filed by Where Food Comes From, Inc. on July 3, 2018, covering the event date of July 2, 2018. The registrant is incorporated in Colorado and operates from Castle Rock, Colorado.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate governance change regarding the external auditor.
Material Changes
The primary material change reported is the appointment of a new independent registered public accounting firm. On July 2, 2018, the Audit Committee formally engaged Crowe LLP to serve as the independent auditor for the fiscal year ending December 31, 2018.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. Regarding risks and contingencies, the company confirmed that during the two most recent fiscal years and through July 2, 2018, there were no consultations with Crowe LLP regarding accounting principles, audit opinions, or matters involving disagreements with the former auditor.
Investor Verification Checklist
- Verify the identity and credentials of the newly appointed auditor, Crowe LLP.
- Review the prior 8-K or 10-K filings to identify the reason for the departure of the previous independent registered public accounting firm.
- Confirm the effective date of the new audit engagement relative to the fiscal year-end of December 31, 2018.
- Check for any subsequent filings that may disclose disagreements or reportable events with the former auditor not detailed in this specific report.