Big4 Auditor Changes week ending 01 Mar 2015

After announcing it about 18 months ago, HSBC made it official this week; KPMG is out, and PwC in.

And, as proof that you can name your company whatever you want, Blue Bird Corporation (formerly known as School Bus Holdings Inc.) filed an 8-K about Rothstein Kass being absorbed by KPMG. Blue Bird? School Bus? That takes some imagination. Just like Microwave Inc., Bookshelf Limited, and Wall Socket Corp, all of which I made up in the last 30 seconds.

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
2/23/2015 American Realty Capital Trust V, Inc. NY Grant Thornton LLP KPMG LLP Dismissal
2/23/2015 HSBC Finance Corporation NY KPMG LLP Pricewaterhouse Coopers LLP Dismissal
2/23/2015 HSBC USA Inc. NY KPMG LLP Pricewaterhouse Coopers LLP Dismissal
2/27/2015 Blue Bird Corporation (formerly School Bus Holdings Inc.) GA Rothstein Kass & Company, P.C. KPMG LLP Resignation
2/27/2015 Union Bankshares Corporation VA Yount, Hyde & Barbour, P.C. Ernst & Young LLP Dismissal

Now that most 10-Ks are filed, we’ll see if Big4 auditor change activity picks up. Stay tuned.

Click on the Follow button to the right to have Big4 Auditor Carousel updates delivered straight to your inbox. Check us out on Twitter, too, @AuditorCarousel. That’s where the real fun happens.

Round and round and round…


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