SEC Filing Summary: Where Food Comes From, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed by Where Food Comes From, Inc., a Colorado corporation, on May 21, 2018. The report addresses a specific corporate governance event regarding 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 is a current event disclosure and does not contain financial statement data.
Material Changes
- Change in Certifying Accountant: On May 21, 2018, EKS&H, LLLP informed the Audit Committee that it declined to stand for reappointment as the Company's independent registered public accounting firm.
- Audit History: EKS&H's reports for the fiscal years ended December 31, 2016, and December 31, 2017, did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements with EKS&H during the two most recent fiscal years or the subsequent period through May 21, 2018, regarding accounting principles, practices, disclosures, or auditing scope.
- Reportable Events: No reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K, occurred during the relevant periods.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, or specific risk factors beyond the standard disclosure of the auditor change. The company has requested a letter from EKS&H confirming the statements above, which was dated May 24, 2018, and attached as Exhibit 16.1.
Investor Verification Checklist
- Verify the identity of the new independent registered public accounting firm appointed to replace EKS&H, LLLP.
- Review the attached letter from EKS&H (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the departure.
- Monitor subsequent filings (e.g., 10-K or 10-Q) for any impact on the audit timeline or financial reporting due to the change in auditors.