Item 4.01 Changes in Registrant's Certifying Accountant
Resignation of Previous Independent Registered Public Accounting Firm
On September 20, 2022, Centurion ZD CPA & Co. ("Centurion") resigned as
independent auditor of Network CN Inc. ("the Company"), effective
immediately which had been engaged on February 21, 2022. Because of the
resignation, Centurion had not issue audit report on the financial statements of
the Company with regard to fiscal year 2021.
From the time of its engagement through the date of this report, there were: (i)
no disagreements between the Company and Centurion on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedures, which disagreements, if not resolved to the satisfaction of
Centurion, would have caused Centurion to make reference to the subject matter
of the disagreement in their reports on the Company's financial statements for
such years, and (ii) no reportable events of the type set forth in paragraphs
(A) through (D) of Item 304(a)(1)(v) of Regulation S-K.
The Company has provided Centurion a copy of this disclosure and has requested
that Centurion furnish it with a letter addressed to the Securities and Exchange
Commission stating whether or not Centurion agrees with the statements made by
the Company herein in response to Item 304(a) of Regulation S-K. and, if not,
stating the respect in which it does not agree.
Engagement of New Independent Registered Public Accounting Firm
Concurrent with Centurion's departure as the Company's independent auditor, on
September 20, 2022, the Board of Directors of the Company approved the
appointment of Gries & Associates, LLC ("Gries") as the Company's independent
auditor, effective immediately.
During the Company's two most recent fiscal years ended December 31, 2020 and
2019 and through Gries's appointment on September 20, 2022, neither the Company
nor anyone acting on its behalf consult Gries with respect to (i) the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that may be rendered on the
Company's financial statements, and Gries did not provide either a written
report or oral advice to the Company that was an important factor considered by
the Company in reaching a decision as to any accounting, auditing, or financial
reporting issue; or (ii) any matter that was the subject of a disagreement or
any reportable events as defined and set forth in Item 304(a)(1)(iv) and (v),
respectively, of Regulation S-K.
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