Big4 Auditor Changes week ending 23 Aug 2015

With back to school in full swing, a number of companies thought it was a good time to refresh the auditors. Of the changes this week, 5 noted the change came as a result of a competitive bid process. If it’s cheaper fees you’re looking for, 2nd tier, and smaller, firms are more than happy to oblige. While we’re talking cheap, Del Taco (cheaper version of Taco Bell. Yes, you read that right) dropped KPMG in favor of Ernst & Young.

Here’s the full list:

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
8/17/2015 Tempus Applied Solutions Holdings, Inc. VA KPMG LLP Elliott Davis Decosimo, LLC Dismissal
8/17/2015 BFC Financial Corporation FL Pricewaterhouse Coopers LLP Grant Thornton LLP Dismissal
8/17/2015 BBX Capital Corporation FL Pricewaterhouse Coopers LLP Grant Thornton LLP Dismissal
8/17/2015 Interface Security Systems Holdings, Inc. MO Pricewaterhouse Coopers LLP Grant Thornton LLP Dismissal
8/18/2015 Graftech International Ltd. OH Pricewaterhouse Coopers LLP Resignation
8/18/2015 Agilysys, Inc. OH Pricewaterhouse Coopers LLP Dismissal
8/19/2015 AgroFresh Solutions, Inc. PA EisnerAmper LLP Deloitte & Touche LLP Dismissal
8/19/2015 Cavco Industries, Inc. AZ Ernst & Young LLP McGladrey LLP Dismissal
8/20/2015 Del Taco Restaurants, Inc. CA KPMG LLP Ernst & Young LLP Dismissal
8/20/2015 Inogen, Inc. CA BDO USA LLP Deloitte & Touche LLP Dismissal
8/21/2015 Acelrx Pharmaceuticals, Inc. CA Ernst & Young LLP OUM & Co. LLP Dismissal
8/21/2015 Universal American Corp. NY Ernst & Young LLP Deloitte & Touche LLP Dismissal
8/21/2015 Agilysys, Inc. OH Pricewaterhouse Coopers LLP Grant Thornton LLP Dismissal

I didn’t include it in the table above, but we had a Deloitte Haskins & Sells sighting. Though DH&S merges with Touche Ross a long, long time ago, that apparently wasn’t a worldwide phenomenon. In the United Arab Emirates, DH&S seems to be a standalone entity.

Round and round and round…

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