abrdn World Healthcare Fund (THW): auditor change — Tekla World Healthcare Fund replaces Deloitte with KPMG after independence issue from pending abrdn deal

abrdn World Healthcare Fund

Deloitte resigned Sept 6, 2023 due to anticipated independence conflict from pending Tekla Capital Management and abrdn Inc. transaction.
Audit Committee approved resignation Sept 7; KPMG engaged as auditor for fiscal year ending Sept 30, 2023.
No disagreements or reportable events in FY 2021 and 2022; D&T's reports for those years were unqualified.

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

abrdn World Healthcare Fund engaged KPMG LLP as its auditor.

Action: engagement
Auditor: KPMG LLP

Exact text from the filing

On September 7, 2023, upon the recommendation of the Audit Committee of the Board, the Board approved the engagement of KPMG LLP (“KPMG”) as the independent registered public accounting firm for the Fund for the fiscal year ending September 30, 2023.

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

Deloitte & Touche LLP resigned as auditor of abrdn World Healthcare Fund.

Action: resignation
Auditor: Deloitte & Touche LLP
Successor: KPMG LLP

Exact text from the filing

(a) Resignation of independent registered public accounting firm On September 6, 2023, Deloitte & Touche LLP (“D&T”), the independent registered public accounting firm for the Tekla World Healthcare Fund (the “Fund”), resigned due to an anticipated independence issue arising as a result of a pending transaction between Tekla Capital Management LLC and abrdn Inc.

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Source: SEC EDGAR

accession 0001104659-23-100082

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