Big4 Auditor Changes week ending 28 Sep 2014

All the changes this week involved companies dropping Big4 auditors, and engaging smaller firms. This continues a recent trend, though generally it’s smaller companies making the switch. When the biggest companies start doing it, it’ll be real news.

Here’s this week’s list:

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
9/22/2014 Samson Oil & Gas Limited Australia Pricewaterhouse Coopers LLP Hein & Associates LLP Dismissal
9/23/2014 Liquid Holdings Group, Inc. NY KPMG LLP Grant Thornton LLP Dismissal
9/24/2014 Spark Networks, Inc. CA Ernst & Young LLP Grant Thornton LLP Dismissal
9/24/2014 Integrated Drilling Equipment Holdings Corp. TX Pricewaterhouse Coopers LLP Whitley Penn LLP Dismissal

Earlier in the week, a number of Texas A&M students started following the Carousel on Twitter.  I didn’t know what was going on until I saw a tweet from Professor Mike Shaub, who said he’d told his audit students about it. Thanks for the shout out, professor!

Round and round and round…

Big4 Auditor Changes week ending 21 Sep 2014

Celebrating the 2nd anniversary of our very first post. Thank you to all our loyal readers for making the site a success. It’s been quite a ride!

Here’s what happened this week:

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
9/15/2014 Telenav, Inc. CA Ernst & Young LLP Grant Thornton LLP Dismissal
9/16/2014 PDL BioPharma, Inc. NV Ernst & Young LLP Resignation
9/16/2014 UMB Financial Corporation MO Deloitte & Touche LLP KPMG LLP Dismissal
9/17/2014 Pacific Financial Corporation WA Deloitte & Touche LLP BDO USA LLP Dismissal
9/17/2014 World Acceptance Corporation SC KPMG LLP McGladrey LLP Resignation
9/19/2014 Horizon Pharma Public Limited Company (reverse merger with Vidara Therapeutics International Public Limited Company) Ireland Habif, Arogeti & Wynne LLP Pricewaterhouse Coopers LLP Dismissal

PDL BioPharma noted EY notified them orally of their resignation. I’ve got to guess that something in writing followed.

You can have all the Big4 Auditor Carousel goodness sent to you automatically by clicking the Follow button to the right. Celebrate with us on Twitter, too!

Round and round and round…

Big4 Auditor Changes week ending 14 Sep 2014

It was mostly a PwC and EY party this week. EY declined to stand for reelection for a couple of mutual funds. CIM Commercial let go of PwC back in March, and finally named BDO as new auditor this week.

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
9/8/2014 BioScrip, Inc. NY Ernst & Young LLP KPMG LLP Resignation
9/8/2014 PowerShares QQQ Trust, Series 1 IL Ernst & Young LLP Pricewaterhouse Coopers LLP Decline To Stand
9/8/2014 BLDRS Index Funds Trust IL Ernst & Young LLP Pricewaterhouse Coopers LLP Decline To Stand
9/9/2014 Nevada Property I LLC NV Pricewaterhouse Coopers LLP Ernst & Young LLP Dismissal
9/9/2014 CIM Commercial Trust Corporation (formerly PMC Commercial Trust) TX Pricewaterhouse Coopers LLP BDO USA LLP Dismissal

You can find Big4 auditor change news, and more, right here every week. You can follow us on Twitter, too.

Round and round and round…