Universal Security Instruments Inc. recently announced a change in its certifying accountants following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C. As of June 2, 2025, Marcum resigned as the company's audit firm, with CBIZ stepping in as the new independent registered public accounting firm. The transition was approved by the company's Audit Committee. Notably, the audit reports by Marcum for the past two fiscal years did not contain any adverse opinions or modifications. However, material weaknesses in the company's internal controls over financial reporting were identified, particularly in management review controls concerning financial statement classification, income tax accounting, and documentation supporting general ledger entries. These issues, reported as of March 31, 2024, highlight areas for improvement in the company's financial oversight.