CURRENT
REPORT FOR ISSUERS SUBJECT TO THE
1934
ACT REPORTING REQUIREMENTS
FORM
8-K/A
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Date of
Event: July 18, 2008
NEXIA HOLDINGS,
INC.
(Exact
name of registrant as specified in its charter)
Nevada
(State or
other jurisdiction of incorporation or organization)
|
033-22128D
(Commission
File Number)
|
488159-10-4
(IRS
Employer Identification Number)
|
59 West 100 South, Second
Floor, Salt Lake City, Utah 84101
(Address
of principal executive offices)
(801)
575-8073
(Registrant's
telephone number, including area code)
|
ITEM
4.01
|
Changes
in Registrant=s
Certifying Accountant
|
On July
18, 2008, a letter from Hansen, Barnett & Maxwell, P.C. (the “Former
Accountant”) was received resigning as the auditors for Nexia Holdings, Inc.
(the “Company”) with an effective date of July 16, 2008.
The
reports of the Former Accountant on the financial statements of the Company for
the year ended December 31, 2007, the only year audited by the former auditor,
did not contain an adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope or accounting principles
for the most recent fiscal years and the subsequent interim period for the first
quarter of 2008, except that the Former Accountant’s opinion in its report on
the Company’s financial statements expressed substantial doubt with respect to
the Company’s ability to continue as a going concern for the last fiscal
years.
During
the Company’s two most recent fiscal years and the subsequent interim
periods through the date of resignation, there were no reportable events as the
term described in Item 304(a)(1)(iv) of Regulation S-K except for the
following:
The
Former Accountant had identified some corrections that should be made to the
consolidation and the accounting by the Company in its financial statements for
the period ended March 31, 2008. Upon completion of a review by
the former accountants the requested changes will be completed and an amended
10-Q will be filed.
During
the Company’s most recent fiscal year and the subsequent interim period through
the date of resignation, there were no disagreements with the Former Accountant
on any matters of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which, if not resolved to the
satisfaction of the Former Accountant, would have caused it to make reference to
the subject matter of the disagreement in connection with its reports on these
financial statements for those periods. The accountant’s have advised
the registrant that the internal controls necessary for the registrant to
develop reliable financial statements do not exist.
The
Company has requested that the Former Accountant furnish it with a letter
addressed to the Securities and Exchange Commission stating whether it agrees
with the above statements. The requested letter is attached as
Exhibit 16.1 to this Current Report on Form 8-K.
|
ITEM
7.
|
Financial
Statements and Exhibits
|
The
following exhibits are included as part of this report:
|
Exhibit
No.
|
Page
No.
|
Description
|
|
16.1
|
4
|
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated
this 23rd day of
July, 2008.
Nexia
Holdings, Inc.
/s/ Richard
Surber .
Richard
Surber, President