other material
confidence medium
sentiment neutral
materiality 0.60
DXP to replace audit firm immediately to complete 2021 audit on time
DXP ENTERPRISES INC
- Company will immediately replace existing auditor to run review of Q3 10-Q and full year audit in parallel.
- Goal is to complete fiscal 2021 audit on time and facilitate transition to a new accounting firm in fiscal 2022.
- Decision driven by need to avoid waiting for existing auditor's Q3 review before resignation.
- Press release issued November 15, 2021, outlining the transition plan.