Big4 Auditor Changes week ending 03/10/13

Another slow week on the Big 4 auditor carousel.  Albuquerque based energy company PNM Resources made a switch from Deloitte and Touche to KPMG.

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
3/5/2013 PNM Resources, Inc. NM Deloitte & Touche LLP KPMG LLP Dismissal

You read correctly, that’s all the activity for the week. Many calendar year end companies are getting their 10-Ks on file, occupying time that might otherwise be spent looking for new auditors.  I’ll be interested to see if Big4 auditor change activity picks up over the next few months.

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Thanks for taking a spin on the Big4 Auditor Carousel. See you again next week right here as the carousel spins on.

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