Item 4.01 Change in Registrant's Certifying Accountant.

(b) On November 14, 2022, the Audit Committee of the Board of Directors of Standard Premium Finance Holdings, Inc. (the "Company") engaged Assurance Dimensions, Inc. to serve as the Company's independent registered public accounting firm to audit the restated consolidated statement of cash flows for the year ended December 31, 2021 of the Company to be included in an amended Form 10-K for the year ended December 31, 2021 which will be filed with the Securities and Exchange Commission. See Item 4.02 for further information regarding such restatement.

During the two most recent fiscal years ended December 31, 2021 and 2020 and through the date the Company selected Assurance Dimensions, Inc. as its independent registered public accounting firm, neither the Company nor anyone on behalf of the Company consulted Assurance Dimensions, Inc. regarding any accounting or auditing issues involving the Company, including (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 financial statements, or (ii) any matter that was the subject of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K of the Securities Exchange Act of 1934, as amended, and the related instructions to Item 304 of Regulation S-K) or a "reportable event" (as defined in Item 304(a)(1)(v) of Regulation S-K).

Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.

(a) On November 14, 2022, the Audit Committee of the Board of Directors of Standard Premium Finance Holdings, Inc. (the "Company"), after consultation with management and discussions with its reviewing independent registered public accounting firm for its Form 10-Q for the fiscal quarter ended September 30, 2022, concluded that the Company's previously issued financial statements for the year ended December 31, 2021 (the "Relevant Period") should be restated and should no longer be relied upon.

In connection with preparing its financial statements for the quarter ended September 30, 2022, the Company determined that it incorrectly classified its Increase/Decrease in Premium Finance Contracts Receivable as operating activities in the Consolidated Statements of Cash Flows. Beginning in the third quarter of 2022, the Company adjusted its consolidated statements of cash flows to present Increase/Decrease in Premium Finance Contracts Receivable as investing activities.

Although these changes are non-cash items and do not change the Company's reported operating revenues, operating costs and expenses, income or earnings per share, the Company determined that these changes have a material impact on the as filed financial statements for the Relevant Period, and as a result, the restatement of the Relevant Period is required.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.   Description
104           Cover Page Interactive Data File (formatted as Inline XBRL and
              contained in Exhibit 101)

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