other material
confidence high
sentiment neutral
materiality 0.50
WATSCO INC (WSO): auditor change — Watsco dismisses KPMG, appoints Deloitte as new auditor for FY 2023
WATSCO INC
- KPMG dismissed effective upon filing Q1 2023 10-Q; no disagreements or reportable events in prior 2 years.
- Deloitte & Touche appointed for FY 2023, effective for interim period ending June 30, 2023.
- KPMG's audit reports for 2022 and 2021 were unqualified with no adverse opinions.
- Appointment subject to execution of engagement letter and completion of Deloitte's standard client acceptance.
- KPMG furnished a letter to SEC dated April 24, 2023 agreeing with the disclosures, filed as Exhibit 16.1.