---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-25-000022"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T01:09:42.441103+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Expensify replaces auditor EY with KPMG for FY2025; no prior disagreements

## Summary
- Audit Committee dismissed EY and engaged KPMG as independent auditor for fiscal year ending Dec 31, 2025.
- EY's reports on FY2024 and FY2023 financials were unqualified with no adverse opinion or scope limitation.
- No disagreements or reportable events with EY during FY2024, FY2023, or subsequent interim period.
- Company did not consult KPMG on any accounting principles or audit opinions before engagement.

## SEC filing metadata
- accession: 0001476840-25-000022
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000022/0001476840-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000022/exfy-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-25-000022
- JSON: https://secwatch.observer/filing/0001476840-25-000022.json
- Plain text: https://secwatch.observer/filing/0001476840-25-000022.txt

## Key facts
- Auditor Changes
  Expensify, Inc. dismissed Ernst & Young LLP as its auditor.
  - Action: dismissal
  - Auditor: Ernst & Young LLP
  - Successor: KPMG LLP
  source text: On March 5, 2025 , the Audit Committee of the Board of Directors of Expensify, Inc. (the “Company”) (i) dismissed Ernst & Young LLP (“EY”), the Company’s current independent registered public accounting firm; and (ii) engaged KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000022/0001476840-25-000022-index.htm
- Auditor Changes
  Expensify, Inc. engaged KPMG LLP as its auditor.
  - Action: engagement
  - Auditor: KPMG LLP
  source text: On March 5, 2025 , the Audit Committee of the Board of Directors of Expensify, Inc. (the “Company”) (i) dismissed Ernst & Young LLP (“EY”), the Company’s current independent registered public accounting firm; and (ii) engaged KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000022/0001476840-25-000022-index.htm

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