11/19/2024 | Press release | Distributed by Public on 11/19/2024 15:53
Item 4.01 CHANGE IN REGISTRANT'S CERTIFYNG ACCOUNTANT
On November 19, 2024, the Board of Directors of Artisan Consumer Goods, Inc. (the Company") approved the dismissal of its then independent registered public accounting firm, Yusufali & Associates, LLC, effective November 11, 2024. The board of directors of the Company recommended and approved of the dismissal. The Securities and Exchange Commission has notified the Company that Public Company Accounting Oversight Board has revoked the registration Yusufali & Associates.
For the fiscal years ending June 30, 2024 and 2023, and during the subsequent interim period through the date of dismissal, the reports of independent registered accounting firm on the Company's financial statements did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles. The reports of Yusufali & Associates, however, stated that there is substantial doubt about the Company's ability to continue as a going concern.
During the periods ending June 30, 2024 and 2023, and during the subsequent period through the date of Yusufali & Associates' dismissal (i) there were no "disagreements" (as described in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Yusufali & Associates on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to Yusufali & Associates's satisfaction, would have caused Yusufali & Associates to make reference in connection with Yusufali & Associates's opinion to the subject matter of the disagreement; and (ii) there were no "reportable events" as the term is described in Item 304(a)(1)(v) of Regulation S-K.