other material
confidence high
sentiment neutral
materiality 0.55
Lucky Strike Entertainment Corp (LUCK): auditor change — Bowlero dismisses KPMG, appoints Deloitte as auditor; cites material weaknesses in internal controls
Lucky Strike Entertainment Corp
- Audit Committee dismissed KPMG on Oct 21, effective upon completion of quarterly review for period ended Oct 2, 2022.
- Appointed Deloitte & Touche as new independent auditor for FY ending July 2, 2023, contingent on signing engagement letter.
- No disagreements with KPMG on accounting principles or audit scope during past two fiscal years and interim period.
- Material weaknesses in internal control over financial reporting were reported as of July 3, 2022 and June 27, 2021.
- KPMG's audit reports for FY2022 and FY2021 were unqualified, no adverse opinions or modifications.