Aspire-Lakewood Holdings, Inc. has announced the dismissal of its independent registered public accounting firm, Turner Stone & Company, LLP, effective September 24, 2026. The company’s Audit Committee approved the termination, with the change taking place immediately on that date.
The filing states that Turner Stone’s report on the company’s consolidated financial statements as of December 31, 2025, did not contain an adverse opinion or disclaimer of opinion. However, the report included an explanatory paragraph regarding substantial doubt as to the company’s ability to continue as a going concern. The company confirms that there were no disagreements with Turner on accounting principles, financial statement disclosure, or auditing scope or procedure during the year ended December 31, 2025, or the subsequent interim periods through September 24, 2026.
Aspire-Lakewood also disclosed that material weaknesses in its internal control over financial reporting were identified during the relevant periods. The company noted that these weaknesses caused its disclosure controls and procedures to be ineffective as of December 31, 2025, though management maintains that the financial statements were prepared in accordance with generally accepted accounting principles.
On the same day, the Audit Committee approved the engagement of CBIZ CPAs P.C. as the new independent registered public accounting firm for the fiscal year ending December 31, 2026. The company stated that it and its representatives did not consult with CBIZ regarding accounting principles or audit opinions prior to the appointment.