ACRES Commercial Realty dismisses Grant Thornton, appoints EY as auditor

ACRES Commercial Realty Corp.

Audit Committee dismissed Grant Thornton effective upon filing Q1 2024 10-Q.
Grant Thornton's 2023 and 2022 reports were unqualified with no adverse opinions.
No disagreements or reportable events with Grant Thornton during the relevant periods.
EY engaged as new independent auditor for fiscal year 2024, effective same date.
Grant Thornton letter concurring with disclosures filed as Exhibit 16.1.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

ACRES Commercial Realty Corp. dismissed Grant Thornton LLP as its auditor.

Action: dismissal
Auditor: Grant Thornton LLP

Exact text from the filing

☐ Item 4.01 Changes in Registrant’s Certifying Accountant (a) Dismissal of Previous Independent Registered Public Accounting Firm On April 23, 2024, the Audit Committee (the “Audit Committee”) of the Board of Directors of ACRES Commercial Realty Corp. (the “Company”) determined to dismiss Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm, effective upon filing the Company’s Form 10-Q for the quarter ended March 31, 2024.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

ACRES Commercial Realty Corp. engaged Ernst & Young LLP as its auditor.

Action: engagement
Auditor: Ernst & Young LLP

Exact text from the filing

(b) Appointment of New Independent Registered Public Accounting Firm On April 23, 2024, the Audit Committee approved the engagement of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, effective upon filing the Form 10-Q for the quarter ended March 31, 2024.

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ACRES Commercial Realty Corp. filing history →

Source: SEC EDGAR

accession 0000950170-24-049113

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