other material
confidence high
sentiment neutral
materiality 0.30
Isabella Bank auditor Rehmann declines reappointment after 2024 audit due to integrated audit exit
ISABELLA BANK CORP
- Rehmann informed Isabella Bank on March 4, 2024 it will not stand for reappointment after the FY 2024 audit.
- Decision stems from Rehmann's exit from integrated audit portion of its SEC assurance practice.
- No disagreements or reportable events occurred in FY 2023/2022 or interim 2024; prior audit reports unqualified.
- Bank will seek new independent registered public accounting firm; engagement undisclosed as of filing.