---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-23-000314"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T06:49:00.450191+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital dismisses BDO, appoints Deloitte as auditor for FY2024

## Summary
- Dismissed BDO USA, P.C. and appointed Deloitte & Touche LLP effective September 28, 2023.
- No disagreements with BDO on accounting principles, financial disclosure, or audit scope.
- Prior material weakness in internal controls (FY2022) was remediated per FY2023 10-K.
- BDO's reports for FY2023 and FY2022 were unqualified without adverse opinion.
- BDO provided a letter to the SEC agreeing with the disclosures, attached as Exhibit 16.1.

## SEC filing metadata
- accession: 0001287032-23-000314
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703223000314/0001287032-23-000314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703223000314/psec-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-23-000314
- JSON: https://secwatch.observer/filing/0001287032-23-000314.json
- Plain text: https://secwatch.observer/filing/0001287032-23-000314.txt

## Key facts
- Auditor Changes
  PROSPECT CAPITAL CORP engaged Deloitte & Touche LLP as its auditor.
  - Action: engagement
  - Auditor: Deloitte & Touche LLP
  source text: On September 28, 2023, the audit committee (the "Audit Committee") of the Board of Directors of Prospect Capital Corporation (the "Company") approved the appointment of Deloitte & Touche LLP ("Deloitte"), as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024, effective immediately concurrent with the dismissal of BDO USA, P.C. ("BDO").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287032/000128703223000314/0001287032-23-000314-index.htm
- Auditor Changes
  PROSPECT CAPITAL CORP dismissed BDO USA, P.C. as its auditor.
  - Action: dismissal
  - Auditor: BDO USA, P.C.
  - Successor: Deloitte & Touche LLP
  source text: On September 28, 2023, the audit committee (the "Audit Committee") of the Board of Directors of Prospect Capital Corporation (the "Company") approved the appointment of Deloitte & Touche LLP ("Deloitte"), as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024, effective immediately concurrent with the dismissal of BDO USA, P.C. ("BDO").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287032/000128703223000314/0001287032-23-000314-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.