Item 4.01 Changes in Registrant's Certifying Accountant
On April 23, 2021, Phoenix Rising Companies, a Nevada corporation (the
"Company"), received notice from KCCW Accountancy Group ("KCCW Accountancy"),
that KCCW Accountancy had resigned as the independent registered public
accounting firm of the Company.
Effective as of January 11, 2021, the Company had engaged KCCW Accountancy Corp.
to audit its financial statements for the year ended December 31, 2020.
However, KCCW never provided any auditing or review services for the Company,
including for the year ended December 31, 2020.
For the year ended December 31, 2020, the Company had no disagreement with KCCW
Accountancy on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreement, if not
resolved to the satisfaction of KCCW Accountancy, would have caused them to make
reference thereto in their prospective report on the Company's financial
statements for the year ended December 31, 2020. There were no reportable
events, as listed in Item 304(a)(1)(v) of Regulation S-K.
The Company provided KCCW Accountancy a copy of the above disclosures and
requested KCCW Accountancy to furnish a letter addressed to the Securities and
Exchange Commission stating whether or not it agrees with the above statements.
KCCW Accountancy's notice of resignation to the Company is attached as Exhibit
16.1 to this Current Report on Form 8-K.
The Company is presently searching for a new independent registered public
accounting firm.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit Description
16.1 Letter from KCCW Accountancy Group, dated April 29, 2021
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