Yinfu Gold Corporation (OTCMKTS:ELRE) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 Changes in Registrant’s Certifying Accountant.
(a) Resignation of Independent Registered Public Accounting Firm
On December 5, 2018, WWC, P.C. (the “Former Auditor”) notified Yinfu Gold Corp. (the “Company”) of its resignation as the Company’s independent registered public accounting firm, effective immediately. The Former Auditor served as the auditors of the Company’s consolidated financial statements for the period from December 1, 2017 through December 5, 2018.
The reports of the Former Auditor on the Company’s consolidated financial statements for the Company’s fiscal years ended March 31, 2018 did not contain any adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle. The Company’s board of directors (the “Board”) accepted the Former Auditor’s resignation on December 5, 2018.
From December 1, 2017 through December 5, 2018, the period during which the Former Auditor was engaged as the Company’s independent registered public accounting firm, there were no disagreements with the Former Auditor on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of the Former Auditor, would have caused the Former Auditor to make reference to the subject matter of the disagreementsas defined in Item 304 of Regulation S-Kin connection with any reports it would have issued, and there were no “reportable events” as such term is described in 304(a)(1)(v) of Regulation S-K.
The Company has provided the Former Auditor with a copy of the foregoing disclosure, and requested that the Former Auditor furnish the Company with a letter (the “Consent Letter”) addressed to the Securities and Exchange Commission stating whether or not it agrees with such disclosure. The Former Auditor has issued the Consent Letter which is attached herein as Exhibit 16.1.
(b) Engagement of New Independent Registered Public Accounting Firm
On December 5, 2018, the Board of Directors approved the engagement of JLKZ CPA LLP (“JLKZ”) as the Company’s independent registered public accounting firm to audit the Company’s consolidated financial statements as of and for the fiscal year ending March 31, 2019 and to review the Company’s consolidated financial statements for the fiscal quarter ended December 31, 2018.
Prior to December 5, 2018, the Company has not consulted with JLKZ regarding (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report was provided to the Company nor oral advice was provided that JLKZ concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a disagreement as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K or a reportable event as such term is described in Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
Yinfu Gold Corp. ExhibitEX-16.1 2 elre_ex161.htm EX-16.1 elre_ex161.htmEXHIBIT 16.1 December 5,…To view the full exhibit click
About Yinfu Gold Corporation (OTCMKTS:ELRE)
Yinfu Gold Corporation is working to establish and build a peer-to-peer (P2P) online lending service platform. The Company plans to provide an online lending platform that matches lenders directly with the borrowers and charge a commission fee. Through the Company’s P2P platform, lenders can earn higher returns compared to savings and investment products offered by banks, where borrowers can borrow money at lower interest rate. As of June 30, 2016, the Company had not generated any revenues from its operations. China Enterprise Overseas Investment & Finance Group Limited (CEI) is the Company’s subsidiary.