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IDEAL FINANCIAL SOLUTIONS INC - Recent Material Event

Item 4.01                      Changes in Registrant's Certifying Accountant

On April 17, 2012, we engaged De Joya Griffith & Company, LLC (the “New Auditor”) as our independent registered accounting firm for the year ended December 31, 2011. The Board of Directors made and approved such engagement at a Special Board of Directors Meeting held on April 17, 2012.

The Company has not consulted with the New Auditor during our two most recent fiscal years or during any subsequent interim period prior to its appointment as New Auditor 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 on our consolidated financial statements, and neither a written report was provided to us nor oral advice was provided that the New Auditor concluded was an important factor considered by the Company in reaching
a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).

The Company has requested that the New Auditor furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter from the New Auditor is attached hereto as Exhibit 4.01(3) to this Form 8-K.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
Ideal Financial Solutions, Inc.
   
   
   
Dated:  April 18, 2012
By /s/ Steven L. Sunyich
 
      Steven L. Sunyich, Chief Executive Officer
 
 
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