Big4 Auditor Changes week ending 08/24/13 & 08/31/13

Aloha! Just back from the 50th State and, frankly, wish I were still there.  But, the Carousel spins on, and here’s what happened over the last couple weeks as far as Big4 Auditor changes:

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
8/21/2013 American Superconductor Corporation MA Pricewaterhouse Coopers LLP McGladrey LLP Dismissal
8/22/2013 UniTek Global Services, Inc. PA Ernst & Young LLP Resignation
8/23/2013 Affinity Gaming NV Pricewaterhouse Coopers LLP Ernst & Young LLP Dismissal
8/23/2013 PMC-Sierra, Inc. CA Deloitte & Touche LLP Ernst & Young LLP Dismissal
8/23/2013 Telik, Inc. CA Ernst & Young LLP Resignation
8/23/2013 Transamerica Advisors Life Insurance Company of New York NY Ernst & Young LLP Pricewaterhouse Coopers LLP Dismissal
8/23/2013 Transamerica Advisors Life Insurance Company IA Ernst & Young LLP Pricewaterhouse Coopers LLP Dismissal
8/23/2013 Paychex, Inc. NY Ernst & Young LLP Pricewaterhouse Coopers LLP Dismissal
8/29/2013 CVR Energy, Inc. TX KPMG LLP Grant Thornton LLP Dismissal
8/29/2013 CVR Refining, LP TX KPMG LLP Grant Thornton LLP Dismissal
8/29/2013 CVR Partners, LP TX KPMG LLP Grant Thornton LLP Dismissal

Though EY seemed to be rebounding earlier in the month, the most recent weeks show continued client losses, including dismissals by Transamerica and Paychex, and resignations from a couple of engagements, Telik and UniTek Global.  The losses were offset somewhat by the pickup of casino operator Affinity Gaming and semiconductor company PMC-Sierra.

Also noteworthy this week is the move by companies to second tier firms; American Superconductor selecting McGladrey, and the CVR companies moving to Grant Thornton.

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Round and round and round…

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