TSS Inc. Changes Accounting Firm Amid Internal Control Weakness Concerns

Reuters
07/17
TSS Inc. Changes Accounting Firm Amid Internal Control Weakness Concerns

TSS Inc. has announced a change in its independent registered public accounting firm, as approved by the Audit Committee of its Board of Directors. On July 10, 2025, the company dismissed Weaver and Tidwell, L.L.P., whose reports on TSS's financial statements for 2023 and 2024 were unmodified and without adverse opinions. The change follows the disclosure of a material weakness in TSS's internal controls over financial reporting, specifically related to the ineffective design of certain management review controls. This issue was highlighted in the company's Annual Report on Form 10-K filed earlier in the year. TSS has since engaged BDO USA, P.C. as its new accounting firm, effective July 15, 2025, for the fiscal year ending December 31, 2025. No consultations with BDO occurred regarding accounting principles or auditing issues prior to their engagement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TSS Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-008149), on July 16, 2025, and is solely responsible for the information contained therein.

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