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Community First Bancshares engages new accountant

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Community First Bancshares engages new accountant

Covington, Ga.-based Community First Bancshares Inc (MHC) has engaged Wipfli LLP as its new independent registered public accounting firm.

The change in accountants was the result of Porter Keadle Moore LLC, the company's previous independent registered public accounting firm, combining its practice with Wipfli. At the time of this combination, the company and Porter Keadle Moore were engaged in a consultation with the Office of the Chief Accountant with the SEC relating to an independence matter regarding the use of a tax template provided to the company by the accountant. This matter was subsequently cleared by the OCA staff on Dec. 31, 2019.

With the non-objection for Porter Keadle Moore to continue to serve as the company's accounting firm, it resigned from the position as of Jan. 6. Wipfli, as the successor to Porter Keadle Moore, was then engaged.