Changes in Registrant’s Certifying Accountant.
Dismissal of Independent Registered Public Accountant
On April 15, 2016, Asure Software, Inc. (the “Company”) dismissed Ernst & Young LLP (“Ernst & Young”) as the Company’s independent registered public accountant. The Audit Committee (the “Audit Committee”) of the Board of Directors of the Company approved the decision to change accountants on April 15, 2016.
The reports of Ernst & Young on the Company’s consolidated financial statements for the calendar years ended December 31, 2015 and 2014 did not contain any adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principle.
During the Company’s calendar years ended December 31, 2015 and 2014, and through April 15, 2016, the date of Ernst & Young’s dismissal, (i) there were no disagreements (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Ernst & Young on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the satisfaction of Ernst & Young would have caused Ernst & Young to make reference to the subject matter of the disagreement in connection with its reports on the Company’s consolidated financial statements for such years, and (ii) there were no “reportable events” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
In accordance with Item 304(a)(3) of Regulation S-K, the Company has provided Ernst & Young with a copy of this Current Report on Form 8-K (the "Form 8-K") prior to the time this Form 8-K was filed with the Securities and Exchange Commission (the "SEC"). The Company requested that Ernst & Young furnish the Company with a letter addressed to the SEC stating whether or not Ernst & Young agrees with the statements made herein. A copy of that letter, dated April 21, 2016, is filed as Exhibit 16.1 to this Form 8-K.
Newly Appointed Independent Registered Public Accountant
On April 15, 2016, the Audit Committee approved the appointment of Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm to perform independent audit services beginning with the calendar year ending December 31, 2016. During the Company’s calendar years ending December 31, 2015 and 2014 and through April 15, 2016, neither the Company, nor anyone on its behalf, consulted Marcum regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the consolidated financial statements of the Company, in any case where a written report or oral advice was provided to the Company by Marcum that Marcum concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
Financial Statements and Exhibits.