Dave Inc. dismisses Moss Adams, appoints Deloitte as new auditor; cites material weaknesses in internal controls

Dave Inc./DE

Dismissed Moss Adams as independent auditor effective June 8, 2022; appointed Deloitte & Touche for FY 2022, subject to client acceptance.
Moss Adams' reports for 2021 and 2020 were unqualified but disclosed material weaknesses in internal controls.
Material weaknesses included lack of formal accounting policies, insufficient finance staff, segregation of duties issues, and IT general controls deficiencies.
No disagreements with Moss Adams on accounting principles; only reportable events were material weaknesses.
Deloitte was not consulted on accounting matters prior to engagement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.