---
schema_version: "secwatch.filing_event.v1"
accession: "0001020710-22-000031"
form_type: "8-K"
ticker: "DXPE"
cik: "0001020710"
company_name: "DXP ENTERPRISES INC"
filed_at: "2022-03-29T23:59:59+00:00"
generated_at: "2026-06-26T14:14:02.178728+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DXP replaces auditor with PwC; discloses new material weakness in revenue recognition

## Summary
- Appointed PwC as independent auditor for FY 2022, dismissing McConnell Jones after 2021 audit completes.
- New material weakness as of Dec 31, 2021: insufficient controls over complex revenue contracts using percentage-of-completion.
- Prior material weaknesses (business combos, journal entries) remediated; aged AP weakness still being addressed.
- 2021 audit ongoing; McConnell Jones report type unknown; no disagreements reported.
- Company expects no adverse opinion except for material weaknesses disclosed.

## SEC filing metadata
- accession: 0001020710-22-000031
- form_type: 8-K
- ticker: DXPE
- cik: 0001020710
- company_name: DXP ENTERPRISES INC
- filed_at: 2022-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020710/000102071022000031/0001020710-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020710/000102071022000031/dxpe-20220328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020710-22-000031
- JSON: https://secwatch.observer/filing/0001020710-22-000031.json
- Plain text: https://secwatch.observer/filing/0001020710-22-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.