ITEM 4.02 Non-Reliance on Previously Issued Financial Statements or a Related
Audit Report or Complete Interim Review
On October 5, 2020, Ajia Innogroup Holdings, Inc. (the "Company") filed its
Annual Report on Form 10-K and accompanying financial statements and footnotes
without the consent of Total Asia Associates PLT ("TAA"), the Company's
independent registered certified public accounting firm, and prior to the
completion of their review of the financial statements as required by Regulation
S-X as promulgated under the Securities Act of 1934. On October 7, 2020, the
Board of Directors of the Company was notified by TAA of this non-compliance,
and on November 13, 2020 the Board of Directors concluded that the financial
statements for the years ended June 30, 2020 and 2019 should not be relied upon
pending independent review of the financial statements by TAA.
As a result of the foregoing, the Company will amend and restate our financial
statements for the year ended June 30, 2020, upon completion of TAA's audit. The
amended Form 10-K will be filed as soon as possible.
The Company's management has discussed the matters disclosed in Item 4.02 of
this Form 8-K with Total Asia Associates PLT.
2
© Edgar Online, source Glimpses