ADVANCED CREDIT TECHNOLOGIES, INC. (OTCMKTS:ACRT) Files An 8-K Changes in Registrant’s Certifying Accountant

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ADVANCED CREDIT TECHNOLOGIES, INC. (OTCMKTS:ACRT) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 Changes in Registrant’s Certifying Accountant.

 

(a) Previous Independent Registered Public Accounting Firm.

Effective May 19, 2017, Advanced Credit Technologies, Inc., a Nevada corporation (the “Company”) dismissed Yichien Yeh, CPA (“Yeh”) as the Company’s independent registered public accounting firm.

During the period of engagement from September 21, 2015 to May 19, 2017, the auditor reports issued by Yeh did not contain an adverse opinion, a disclaimer of opinion, nor were the reports qualified or modified as to uncertainty, audit scope or accounting principles. However, the audit reports did reflect uncertainties regarding the ability of the Company to continue as a going concern.

During the referenced period, there were no disagreements between the Company and Yeh on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to the satisfaction of Yeh, would have caused Yeh to make reference to the matter in reports on the Company’s financial statements, had any such reports been issued. In addition, during the period of engagement, there were no reportable events as that term is defined in Item 304(a)(1)(iv) of Regulation S-K.

The Company provided Yeh with a copy of the disclosures it is making in this Current Report on Form 8-K and requested from Yeh a letter addressed to the Securities and Exchange Commission indicating whether it agrees with such disclosures. A copy of that letter is attached as an exhibit to this report.

(b) New Independent Registered Public Accounting Firm.

Contemporaneous with the dismissal of Yeh, the Company engaged Fruci & Associates II, PLLC, 802 N. Washington, Spokane, Washington, 99201, as our independent registered public accounting firm for the fiscal year ended December 31, 2017. During the Company’s two most recent fiscal years and the subsequent interim period through May 19, 2017, the Company did not consult with Fruci & Associates II, PLLC with respect to any of the matters or events set forth in Item 304(a)(2) of Regulation S-K.

Section 9 – Financial Statements and Exhibits

 

Exhibits

 

16.1 – Letter from Yichien Yeh, CPA.


ADVANCED CREDIT TECHNOLOGIES, INC. (OTCMKTS:ACRT) Recent Trading Information

ADVANCED CREDIT TECHNOLOGIES, INC. (OTCMKTS:ACRT) closed its last trading session 00.000 at 0.165 with 6,777 shares trading hands.