other material
confidence high
sentiment neutral
materiality 0.25
Ethan Allen dismisses KPMG as auditor, appoints CohnReznick
ETHAN ALLEN INTERIORS INC
- Audit Committee dismissed KPMG on Feb 7, 2022 after competitive process; no disagreements or reportable events.
- KPMG's reports for FY 2021 and 2020 contained no adverse opinions except a paragraph on lease accounting change (ASC 842).
- CohnReznick LLP selected as new independent auditor for FY ending June 30, 2022, contingent on standard client acceptance.
- No prior consultations with CohnReznick regarding accounting principles or audit scope.