Quest Water Global changes independent auditor
Quest Water Global, Inc. reported a change in its independent public accounting firm.
Rhea-AI Filing Summary
Quest Water Global, Inc. reported a change in its independent public accounting firm. On May 27, 2026, the company engaged KAN Accounting Solutions pllc as its new independent accountant, replacing Fruci & Associates II, PLLC, which resigned at the company’s request on May 5, 2026.
The board of directors, acting as the audit committee, approved the decision to change accountants. The company stated that, during the fiscal years ended December 31, 2025 and 2024 and through May 27, 2026, neither it nor anyone on its behalf consulted with KAN on the matters typically covered by Regulation S-K Item 304. Additional information on Fruci’s resignation is provided in a separate report dated May 6, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 4.01 — Changes in Registrant's Certifying Accountant
1 item
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Key Figures
New auditor engagement date: May 27, 2026
Former auditor resignation date: May 5, 2026
Fiscal year-end: December 31, 2025
+1 more
4 metrics
New auditor engagement date
May 27, 2026
KAN Accounting Solutions engaged as independent accountant
Former auditor resignation date
May 5, 2026
Fruci & Associates II, PLLC resigned at company’s request
Fiscal year-end
December 31, 2025
Period covered in disclosure of consultations with KAN
Prior fiscal year-end
December 31, 2024
Period covered in disclosure of consultations with KAN
Key Terms
independent accountant, audit committee, Regulation S-K, emerging growth company
4 terms
independent accountant financial
"engaged KAN Accounting Solutions pllc as the Company’s new independent accountant to replace Fruci"
audit committee financial
"The board of directors of the Company, acting as the audit committee, approved the decision"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Regulation S-K regulatory
"disclosure required by Item 304(a)(1) of Regulation S-K, please refer"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
emerging growth company regulatory
"Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change in auditors did Quest Water Global (QWTR) disclose?
Quest Water Global engaged KAN Accounting Solutions pllc as its new independent accountant, replacing Fruci & Associates II, PLLC, which resigned at the company’s request. The board of directors, acting as the audit committee, approved this change in external auditors.
When did Fruci & Associates II, PLLC resign from Quest Water Global (QWTR)?
Fruci & Associates II, PLLC resigned as Quest Water Global’s independent accountant on May 5, 2026, at the company’s request. The resignation and related disclosures required by Item 304(a)(1) of Regulation S-K are referenced in a separate report dated May 6, 2026.
When did Quest Water Global (QWTR) appoint KAN Accounting Solutions as auditor?
Quest Water Global appointed KAN Accounting Solutions pllc as its new independent accountant on May 27, 2026. This engagement followed the earlier resignation of Fruci & Associates II, PLLC and was approved by the company’s board of directors acting as the audit committee.
Did Quest Water Global (QWTR) previously consult KAN Accounting Solutions on accounting matters?
The company stated that, during the fiscal years ended December 31, 2025 and 2024 and through May 27, 2026, neither Quest Water Global nor anyone on its behalf consulted KAN Accounting Solutions on matters described in Regulation S-K Item 304, such as accounting principles or audit opinions.
Who approved the auditor change at Quest Water Global (QWTR)?
The auditor change was approved by Quest Water Global’s board of directors, acting in the role of the audit committee. They authorized replacing former auditor Fruci & Associates II, PLLC with KAN Accounting Solutions pllc as the company’s new independent public accountant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
