other material
confidence high
sentiment neutral
materiality 0.55
Turtle Beach Corp (TBCH): auditor change — Turtle Beach dismisses BDO as auditor, appoints EY; notes unremediated material weakness in tax controls
Turtle Beach Corp
- On May 19, 2023, Turtle Beach dismissed BDO USA as independent auditor and appointed Ernst & Young (EY) as successor, effective immediately.
- BDO's audit reports for FY 2022 and 2021 were unqualified; no disagreements on accounting principles or practices.
- A material weakness in internal controls over income tax provision was previously reported and remains unremediated as of March 31, 2023.
- BDO provided a letter (Exhibit 16.1) agreeing with the company's disclosures in this 8-K.