Tuesday, September 04, 2012 9:48:13 AM
Good morning Stockholla, glad to see you back on the SIRG board.
SIRG changed accounting firms to MARCUM, LLC, one of the top 15 accounting firms in the US.
But SIRG failed to file for a SAS Review thus they did not have FINRA's approval to change to a new accounting firm.
Basically, you have to have FINRA approve the accounting firm that you are moving to to make sure they are properly registered. With MARCUM being the size that it is, they are properly registered and it's only a matter of FINRA looking at them and saying OK!
The 10Q was filed on time and there are no problems there.
SIRG changed accounting firms to MARCUM, LLC, one of the top 15 accounting firms in the US.
But SIRG failed to file for a SAS Review thus they did not have FINRA's approval to change to a new accounting firm.
Basically, you have to have FINRA approve the accounting firm that you are moving to to make sure they are properly registered. With MARCUM being the size that it is, they are properly registered and it's only a matter of FINRA looking at them and saying OK!
The 10Q was filed on time and there are no problems there.
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