Business Context and Reporting Period
This Form 8-K Current Report was filed by Agape ATP Corp on January 30, 2018. The report discloses a corporate governance event regarding the change of the company's independent registered public accounting firm.
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 the engagement of a new auditor and does not contain financial performance data.
Material Changes
- Accountant Change: On January 24, 2018, the Board of Directors approved the dismissal of the previous auditor, Weld Asia.
- New Engagement: Concurrent with the dismissal, the company engaged Total Asia Associates ("Total Asia") as its new independent registered public accounting firm, effective immediately.
- Consultation History: The company confirmed that during the fiscal years ended June 30, 2017 and 2016, and the interim period through September 30, 2017, neither the company nor its representatives consulted Total Asia regarding accounting principles, audit opinions, disagreements, or reportable events.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items beyond the disclosed change in auditors.
Investor Verification Checklist
- Verify the reasons for the dismissal of the previous auditor, Weld Asia, which are not detailed in this specific filing.
- Confirm the qualifications and independence of the newly engaged firm, Total Asia Associates.
- Review subsequent filings to ensure the transition of audit responsibilities did not impact the timeliness or accuracy of future financial reporting.