UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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ITEM 4.01 CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
(1) Previous independent registered public accounting firm:
On November 1, 2024, CBIZ Inc. acquired Marcum LLP, the Company's independent registered public accounting firm (the "CBIZ Transaction"). CompuData Inc., a wholly owned subsidiary of CBIZ, Inc., performed Managed IT services for Pismo Coast Village, Inc. (the "Company") throughout the fiscal year ended September 30, 2024. Due to the CBIZ Transaction, CBIZ Inc. now owns both Marcum LLP and CompuData Inc.. As a result, Marcum LLP ceased to be independent of the Company when the acquisition closed on November 1, 2024.
Accordingly, on November 15, 2024, Marcum LLP resigned as the independent registered public accounting firm for the Company, effective immediately. The decision was not the result of any disagreement between the Company and Marcum LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
Marcum LLP was first appointed as the Company's independent registered public accounting firm in August 2024 and has not issued reports on any years of the Company's financial statements. Reference Form 8-K dated August 9, 2024, for information regarding the Company's previous independent registered public accounting firm that issued reports for the fiscal years ended September 30, 2023 and 2022.
The Company has provided Marcum LLP with a copy of the disclosures made herein and has requested that Marcum LLP furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in response to this Item 4.01. A copy of the letter from Marcum LLP is attached as an exhibit to this report.
(2) New independent registered public accounting firm
The Audit Committee of the Board of Directors of Pismo Coast Village, Inc. (the "Committee") recently conducted a competitive selection process to determine the Company's independent registered public accounting firm for the fiscal year ended September 30, 2024. The Committee invited several public accounting firms to participate in this process. As a result of this process, on November 15, 2024, the Committee approved the appointment of WithumSmith+Brown, PC as the Company's new independent registered public accounting firm for the fiscal year ended September 30, 2024.
During the two most recent fiscal years and in the subsequent interim period through November 15, 2024, neither the Company, nor anyone on its behalf, has consulted with WithumSmith+Brown, PC with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that would have been rendered on the Company's consolidated financial statements, or any other matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.
ITEM 9.01 EXHIBITS
Exhibit No. Description of Exhibit
| 99.1 | Letter from Marcum LLP to the Securities and Exchange Commission dated November 15, 2024. |
| 104 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PISMO COAST VILLAGE, INC.
Date: November 15, 2024
/s/ SUZANNE M COLVIN
SUZANNE M COLVIN
Vice President Finance and Chief Financial Officer