Business Context and Reporting Period
This Form 6-K filing by Integrated Media Technology Ltd (IMTE) is dated January 16, 2019. The report discloses a change in the company's independent registered public accounting firm. The company is a foreign private issuer with its principal executive office in Adelaide, Australia.
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 corporate governance regarding the audit firm and does not contain financial performance data.
Material Changes
- Resignation of Auditor: On January 15, 2019, HKCM CPA & Co notified IMTE of its resignation as the independent registered public accounting firm.
- Appointment of New Auditor: On January 15, 2019, the Board of Directors appointed Ramirez Jimenez International CPAs (RJI) as the new independent registered public accounting firm.
- Audit History: HKCM CPA & Co's reports for the years ended December 31, 2017, 2016, and 2015 contained no adverse opinions, disclaimers, or qualifications.
- Disagreements: There were no disagreements between the company and the former auditor regarding accounting principles, practices, or audit scope.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, outlook, or management commentary on business operations. Regarding the auditor change, the company confirmed it did not consult the new auditor (RJI) on any accounting principles, audit opinions, or reportable events prior to the appointment. No specific risks or contingencies related to financial performance are detailed in this document.
Investor Verification Checklist
- Verify the reason for the resignation of HKCM CPA & Co by reviewing the accompanying letter (Exhibit 99.1).
- Confirm the qualifications and independence of the newly appointed auditor, Ramirez Jimenez International CPAs.
- Review subsequent filings (e.g., Form 20-F) to ensure the new auditor has issued an unqualified opinion on the most recent financial statements.
- Check for any undisclosed disagreements or reportable events that may have influenced the auditor change.