Item
4.01. Change in Registrant’s Certifying Accountant.
Effective
as of May 21, 2008, China Sky One Medical, Inc. (the “Company”) dismissed Sherb
& Co., LLP as its independent registered public accounting firm. The
decision to change accountants was approved by the Company’s Audit Committee and
Board of Directors as of May 21, 2008.
Prior
to
the dismissal of Sherb & Co., LLP, the firm audited the Company’s financial
statements for the year ended December 31, 2007 and reviewed the Company’s
unaudited interim report for the fiscal quarter ended March 31, 2008. In
connection with such audit and review, there were no disagreements with
Sherb
& Co., LLP on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure which, if not resolved
to
the satisfaction of Sherb & Co., LLP, would have caused it to make reference
to the matter in connection with its reports. In addition, there were no
“reportable events” as that term is described in Item 304 of Regulation
S-K.
The
Company made the contents of this Current Report available to Sherb & Co.,
LLP and requested it to furnish a letter addressed to the SEC as to whether
Sherb & Co., LLP agrees or disagrees with, or wishes to clarify our
expression of, the Company’s views, or containing any additional information. A
copy of Sherb & Co., LLP’s letter to the SEC is included as Exhibit 16.1 to
this Current Report.
As
of May
21, 2008, MSPC, Certified Public Accountants and Advisors LLP (“Moore Stephens”)
was engaged as the Company’s new independent registered public accounting firm.
During the Company’s two most recent fiscal years, and the subsequent interim
periods through May 21, 2008 (the date of engagement of Moore Stephens),
the
Company did not consult Moore Stephens regarding either: (a) the application
of
accounting principles to a specific completed or contemplated transaction,
or
the type of audit opinion that might be rendered on the Company’s financial
statements; or (ii) any matter that was the subject of a disagreement as
defined
in Item 304(a) of Regulation S-K.
Item
7.01
Regulation
FD Disclosure
On
May
28, 2008, China Sky One Medical, Inc. (the “Company”) distributed a press
release
announcing
the change in auditors of the Company’s financial statements.
A
copy of
this press release is furnished as an exhibit to this report.
Item
9.01.
Financial
Statements and Exhibits
(d)
Exhibits.
The
exhibits listed in the following Exhibit Index are filed as part of this
Current
Report on Form 8-K.
|
Exhibit
No.
|
|
Description
|
|
16.1
|
|
Letter
from Sherb & Co., LLP dated as of May 28, 2008.
|
|
99.1
|
|
Press
Release dated as of May 28, 2008 relating to appointment of MSPC,
Certified Public Accountants and Advisors LLP as the Company’s auditors.
|