AI Technology Group switches auditors after former accountant questions accounting for AVM Nevada deal
AIPG•AI Technology Group removed Michael Gillespie & Associates as auditor on May 7, 2026, the day the firm resigned, after preliminary audit work raised questions about accounting for its Dec. 15, 2025, AVM Nevada acquisition. Fruci & Associates II was engaged on Aug. 31, 2026, to audit the 2025 financial statements.
1. Auditor change
Preliminary audit work for the year ended Dec. 31, 2025, raised questions about the accounting for AI Technology Group’s AVM Nevada acquisition, including the treatment of certain loans. Michael Gillespie & Associates did not complete the audit; its engagement ended before management finalized its accounting analysis or provided supporting transaction documentation.
