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Jin Medical International | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Apr 13 04:13
Summary by Futu AI
Jin Medical International Ltd., a foreign private issuer, has reported a significant unresolved disagreement with its former registered public accounting firm, DNTW Toronto LLP, concerning the scope of audit procedures for the period between September 23, 2023, and February 25, 2024. The dispute, detailed in a Form 6-K filed with the U.S. Securities and Exchange Commission for April 2024, centers on the audit procedures necessary for DNTW to form an opinion on Jin Medical's financial statements as of September 30, 2023. The disagreement led to DNTW's resignation, citing an impairment of its independence under professional standards. There is also a discrepancy between DNTW and Jin Medical regarding the effective date of the resignation, with DNTW claiming it was February 25, 2024, while Jin Medical asserts it...Show More
Jin Medical International Ltd., a foreign private issuer, has reported a significant unresolved disagreement with its former registered public accounting firm, DNTW Toronto LLP, concerning the scope of audit procedures for the period between September 23, 2023, and February 25, 2024. The dispute, detailed in a Form 6-K filed with the U.S. Securities and Exchange Commission for April 2024, centers on the audit procedures necessary for DNTW to form an opinion on Jin Medical's financial statements as of September 30, 2023. The disagreement led to DNTW's resignation, citing an impairment of its independence under professional standards. There is also a discrepancy between DNTW and Jin Medical regarding the effective date of the resignation, with DNTW claiming it was February 25, 2024, while Jin Medical asserts it was February 26, 2024. Despite discussions by Jin Medical's board of directors, audit committee, and management, no consensus was reached with DNTW. On March 1, 2024, Jin Medical authorized DNTW to respond to inquiries from the successor accountant about the disagreement. The report was signed by Erqi Wang, CEO of Jin Medical International Ltd., on April 12, 2024.

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