Business Context and Reporting Period
This Form 8-K was filed by Lazex Inc. (noted as AIRWA INC. in metadata) on January 23, 2018. The report discloses a change in the company's independent registered public accounting firm. The registrant is incorporated in Nevada with principal executive offices in Prague, Czech Republic.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial statements. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Resignation of Prior Accountant: Pritchett, Siler and Hardy P.C. ("PSH") resigned as the independent registered public accounting firm on January 8, 2018.
- Appointment of New Accountant: Haynie & Company, Salt Lake City, Utah, was engaged as the new independent registered public accounting firm on January 23, 2018.
- Board Approval: The change was approved unanimously by the board of directors.
Management Commentary, Risks, and Contingencies
Management confirmed that PSH's reports for the two most recent fiscal years did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles. The company stated there were no disagreements with PSH on accounting principles, practices, or auditing scope that would have required reference in their reports. Additionally, no "reportable events" occurred during the relevant period. The company also confirmed it had not consulted with the new firm, Haynie & Company, regarding accounting principles or audit opinions prior to their engagement.
Investor Verification Checklist
- Verify the reasons for the resignation of Pritchett, Siler and Hardy P.C. by reviewing the attached letter (Exhibit 16.1).
- Confirm the qualifications and independence of the new auditor, Haynie & Company.
- Review the most recent audited financial statements to ensure no undisclosed issues prompted the change.
- Check for any subsequent filings that may detail the transition of audit responsibilities.