other material
confidence high
sentiment negative
materiality 0.55
Radiant Logistics dismisses BDO as auditor, hires Moss Adams; discloses material weaknesses
RADIANT LOGISTICS, INC
- Dismissed BDO USA on Dec 7, 2021; engaged Moss Adams as new auditor on Dec 10, 2021.
- No disagreements with BDO on accounting principles or audit scope during FY2020-2021.
- FY2021 material weaknesses: internal controls over revenue recording and operating partner commissions.
- FY2020 material weakness in goodwill/intangibles impairment review; remediated by Dec 31, 2020.
- BDO's audit reports for FY2020-2021 were unqualified, with no adverse opinions.