Gencor Industries Hit by Material Weakness in Internal Controls

Reuters
01/29
Gencor Industries Hit by Material Weakness in Internal Controls

Gencor Industries Inc. recently changed its independent registered public accounting firm from Berkowitz Pollack Brant Advisors + CPAs, LLP (BPB) to Carr, Riggs & Ingram, L.L.C. $(CRI)$ following CRI's acquisition of certain BPB assets. While BPB's audit reports for the fiscal years ended September 30, 2024 and 2025 did not contain adverse opinions on the company's financial statements, BPB did issue adverse opinions on the effectiveness of Gencor's internal control over financial reporting for both years. The adverse opinions were due to material weaknesses in information technology general controls, including issues with user access, program change management, and other key control processes. These weaknesses were disclosed in Gencor's annual reports filed with the SEC.

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. Gencor Industries 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: 0001193125-26-026824), on January 28, 2026, and is solely responsible for the information contained therein.

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