other material
confidence high
sentiment neutral
materiality 0.65
Entravision dismisses BDO, appoints Deloitte; prior adverse internal control opinion
ENTRAVISION COMMUNICATIONS CORP
- BDO reports for 2020/2021 had no adverse opinion on financials; 2020 internal controls report adverse over Cisneros Interactive.
- No disagreements with BDO on accounting principles or audit scope during the two-year period.
- Audit Committee dismissed BDO on Aug 8, 2022 and engaged Deloitte on Aug 12, 2022.
- Material weaknesses: failure to design controls over opening balance sheet, revenue cycle, accounts payable and expenses of Cisneros Interactive.