Aspire-Lakewood Holdings Changes Independent Auditor to CBIZ

What Happened
Aspire-Lakewood Holdings, Inc. announced on Form 8-K that its Audit Committee dismissed Turner Stone & Company, LLP as the company's independent registered public accounting firm effective September 24, 2026, and concurrently engaged CBIZ CPAs P.C. as the new independent auditor for the fiscal year ending December 31, 2026. Turner’s report on the Company’s consolidated financial statements as of December 31, 2025 included an explanatory paragraph about substantial doubt regarding the Company’s ability to continue as a going concern. The company had previously disclosed material weaknesses in its internal control over financial reporting in its 2025 Form 10-K, though management stated the financial statements were prepared in accordance with US GAAP.

Key Details

• Dismissal and appointment effective: September 24, 2026.
• New auditor: CBIZ CPAs P.C. engaged for fiscal year ending Dec 31, 2026.
• Prior auditor’s report (Turner) for year ended Dec 31, 2025 included a going-concern explanatory paragraph.
• No disagreements or reportable events with Turner were reported for 2025 or interim periods through Sept 24, 2026; Turner indicated it does not disagree with the company’s disclosure.
• Company disclosed material weaknesses in internal control over financial reporting as of Dec 31, 2025 but stated consolidated financial statements were prepared in accordance with US GAAP.

Why It Matters
A change in independent auditor is material for investors because it can affect audit approach, timing, and market confidence in financial reporting. The presence of a going-concern explanatory paragraph and disclosed material weaknesses are important risk signals that investors should monitor. While the filing states there were no auditor disagreements or reportable events, investors should watch for the upcoming audited results and any auditor communications from CBIZ about audit scope, internal control remediation, or changes in financial statement presentation.