Category Uncategorized

9/7/20 – Auditor changes

Big week of Deloitte as it rakes up two audit assignments which paid their previous auditors $4.4 million collectively. Bloom Energy Corp. switched from PwC to Deloitte while Radius Health Inc. switched from EY to Deloitte. Company Old Auditor New…

8/29/20 – Auditor Changes

Few auditor changes in the two weeks of August. In terms of revenue, SJW Group which bought in $2 million revenues for KPMG past year switched to Deloitte. Meanwhile KPMG gained 2 clients which together paid $1.2 million last year…

8/15/20 – Auditor changes

Another quiet week for auditor changes. One big change is that Deloitte lost the audit of Century Casinos to Grant Thornton. This audit bought in a total fee of $1.6 million in 2019 for Deloitte. Probably the COVID-19 uncertainty prompted…

8/7/2020 Auditor changes

Relatively a quiet week in regard to auditor changes. BDO gained a client due to merger with another CPA firm. Here are the details: Company Old Auditor New Auditor Nature of change Lux Amber Corp – Whitley Penn Appointment Altair…

7/31/20 Auditor changes

Pretty uneventful week. Only two auditor changes for this week. EY lost an audit client which bought in $574K in fees last year to DHG. Company Old Auditor New Auditor Nature of change Total Fee Previous Auditor (‘000) $ Galaxy…

7/25/20 Auditor changes

A relatively quiet week in terms of auditor changes. BDO lost two clients who collectively bought in $1.16 million in audit fees last year while EY lost a client which bought in $470K in audit fees. Company Old Auditor New…

7/18/20 – Auditor changes

A week with quite a few changes despite the COVID-19 pandemic. KPMG lost a big client in Global Eagle Entertainment during the week. This client bought in $7 million in total fees for KPMG. Marcum LLP had a big week…

7/10/20 – Auditor changes

Bad week for KPMG with three losses. Around $3 million in annual audit fee loss. There are some interesting changes for this week. Sportsman’s Warehouse Holdings Inc. dismissed KPMG and appointed GT. KPMG had reported a material weakness on the…

7/3/20 – Auditor changes

From this week on, there is a change in how auditor changes are tracked. We’ll look into all changes and not just the big4 firms. Makes sense to make the blog all inclusive. You might notice some small companies here…