Big4 Auditor Changes week ending 10/06/2013

Big4 auditor changes started to pick up this first week of the 4th quarter.  Ernst & Young was dismissed by two clients, both engaging Big4 rivals.  A few weeks back, EY resigned from a couple other clients, both of which engaged new auditors just this week, and, interestingly, each went with a 2nd tier firm. Unwired Planet, self-proclaimed inventor of mobile internet, said goodbye to KPMG, and also chose to go with the smaller Grant Thornton.

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
10/1/2013 Unwired Planet, Inc. NV KPMG LLP Grant Thornton LLP Dismissal
10/2/2013 Codexis, Inc. CA Ernst & Young LLP BDO USA LLP Resignation
10/2/2013 MRV Communications, Inc. NY Ernst & Young LLP Grant Thornton LLP Resignation
10/2/2013 Smithfield Foods, Inc. VA Ernst & Young LLP Deloitte & Touche LLP Dismissal
10/4/2013 Immunomedics, Inc. NJ Ernst & Young LLP KPMG LLP Dismissal

We’ll see what next week brings.  Until then, follow us on Twitter, or have updates automatically sent by clicking the “Follow” button to the right.

Round and round and round…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: