ACC5400-Principles Of Auditing. During early 2019 Greenbox, a San Diego based company traded “over the counter,” ticker symbol GRBX, filed with the SEC a series of documents, press releases on forms 8-K and the annual 10-K for the year ended December 31, 2018. Some of these filings made reference to a restatement of previously filed information and comments about changes in audit firms.
1. What is going on with the audit firms? What was the fee for the 2018 audit?
2.What about the independence of the board of directors and audit committee? Any relatives involved in the company?
3.What do you think of Greenbox’s business from looking at the website and anything else you can find?