other material
confidence high
sentiment neutral
materiality 0.30
MASTEC INC (MTZ): auditor change — MasTec replaces BDO with PwC as auditor; prior material weaknesses remediated
MASTEC INC
- BDO dismissed as independent auditor effective March 5, 2024; PwC appointed for FY2024.
- BDO's reports for FY2022 and FY2023 were unqualified; no disagreements with management.
- Reportable events: material weaknesses in internal control over financial reporting for FY2022, remediated by December 31, 2023.
- Audit committee conducted competitive selection; BDO acknowledged disclosures in letter filed as Exhibit 16.1.