Sound Group Announces New Accounting Firm

Sound Group (SOGP) has released an update.

Sound Group Inc. has replaced PricewaterhouseCoopers Zhong Tian LLP with Enrome LLP as its new independent registered public accounting firm, following a period without any significant disagreements over accounting practices or financial disclosures. The change comes after PwC identified a material weakness in Sound Group’s internal control over financial reporting and raised concerns about the recoverability of a substantial cash balance. These events, termed ‘reportable events,’ have been fully communicated with Enrome by the company’s audit committee.

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