Item 4.01
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Change in Registrant’s Certifying Accountant.
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(a)
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Resignation of Independent Registered Public Accounting Firm
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On July 22, 2019, Manuel Reina
CPA, the independent registered public accounting firm of IEH Corporation (the “Company”) notified the Company that
he intended to resign as the Company’s independent registered public accounting firm, effective not later than August 14,
2019.
The reports of Manuel Reina CPA
on the Company’s financial statements for the fiscal years ended March 29, 2019 and March 30, 2018 did not contain an adverse
opinion or disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope, or accounting principles.
During the fiscal years ended March 29, 2010 and March 30, 2018, respectively, and through August 14, 2019, there were no disagreements
(as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) with Manuel Reina CPA on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement if not resolved to
the satisfaction of Manuel Reina CPA would have cause Manuel Reina CPA to make reference thereto in his reports.
During the fiscal years ended
March 29, 2019 and March 30, 2018, respectively, and through August 14, 2019, there were no “reportable events” requiring
disclosure pursuant to Item 304(a)(1)(v) of Regulation S-K.
The Company provided Manuel Reina
CPA with a copy of the disclosures it is making in this Item 4.01(a) of this Current Report on Form 8-K. The Company requested
that Manuel Reina CPA furnish to it a letter addressed to the Securities and Exchange Commission stating whether it agrees with
the statements above (in response to Item 304(a) of Regulation S-K), and, if not, stating the respects in which it does not agree.
A copy of Manuel Reina’s letter dated August 14, 2019 is filed as Exhibit 16.1 hereto.
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(b)
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Engagement of New Independent Registered Public Accounting Firm
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On July 22, 2019, the Audit Committee
of the Board of Directors of the Company approved the engagement of Marcum LLP (“Marcum”) as the Company’s independent
registered public accounting firm, subject to negotiating and execution of an acceptable engagement agreement between Marcum and
the Company for the fiscal year ending March 27, 2020. On August 14, 2019, Marcum and the Company executed an engagement agreement
pursuant to which Marcum would provide to the Company auditing services for the fiscal year ended March 27, 2020.
During the fiscal years ended
March 29, 2019 and March 30, 2018, and through August 14, 2019, neither the Company nor anyone on its behalf consulted Marcum regarding:
(i) the application of accounting principles to a specified transaction, either completed or proposed; or on the type of audit
opinion that might be rendered on the financial statements of the Company, and neither a written report nor oral advice was provided
to the Company that Marcum 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 a disagreement as defined in Item 304(a)(1)
(iv) of Regulation S-K or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.