Auditor Changes week ending 10/28/12

AK Steel announced they were dropping Deloitte in favor of Ernst & Young earlier this month.  Well, it seems there were some independence issues over at EY, so this week AK Steel announced they had rescinded their dismissal of Deloitte.  I’m sure there were hugs and handshakes all around as auditor and client were reunited.  While independence issues are quite common, they are usually vetted prior to engaging a new auditor. Live and learn.

Filing Date Company State Old Auditor New Auditor Dismissal / Resignation
10/22/2012 United Community Banks, Inc. GA Porter Keadle Moore, LLC PricewaterhouseCoopers LLP Dismissal
10/22/2012 AK Steel Holding Corporation OH Ernst & Young LLP Deloitte & Touche LLP Resignation
10/23/2012 Bluegreen Corporation FL Ernst & Young LLP PricewaterhouseCoopers LLP Dismissal

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