{"schema_version":"secwatch.filing_event.v1","accession":"0001521945-23-000057","form_type":"8-K","ticker":null,"cik":"0001521945","company_name":"Prospect Floating Rate & Alternative Income Fund, Inc.","filed_at":"2023-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.182671+00:00","generated_at":"2026-06-10T06:54:14.800384+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Prospect Floating Rate and Alternative Income Fund changes auditor from BDO to Deloitte","bullets":["Audit committee appointed Deloitte as independent auditor for FY2024, effective immediately, dismissing BDO.","BDO's reports for FY2023 and FY2022 were unqualified; no disagreements on accounting principles or scope.","A material weakness in internal control over financial reporting reported in FY2022 was remediated as of FY2023.","BDO confirmed agreement with the disclosures in a letter to the SEC (Exhibit 16.1)."],"urls":{"canonical":"https://secwatch.observer/filing/0001521945-23-000057","json":"https://secwatch.observer/filing/0001521945-23-000057.json","markdown":"https://secwatch.observer/filing/0001521945-23-000057.md","text":"https://secwatch.observer/filing/0001521945-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/0001521945-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/pfloat-20230929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T06:54:14.800384+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"433f801dc93a4144bc8aa749966396b162af313b","claim":"Prospect Floating Rate & Alternative Income Fund, Inc. dismissed BDO USA, P.C. as its auditor.","evidence_excerpt":"On September 28, 2023, the audit committee (the “Audit Committee”) of the Board of Directors of Prospect Floating Rate and Alternative Income Fund, Inc. (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_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/0001521945-23-000057-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BDO USA, P.C."},{"label":"Successor","value":"Deloitte & Touche LLP"}],"fact_type":"auditor_change"},{"claim_id":"abe3a4cd22965391322bb48c45bfbbdb631c39f8","claim":"Prospect Floating Rate & Alternative Income Fund, Inc. engaged Deloitte & Touche LLP as its auditor.","evidence_excerpt":"On September 28, 2023, the audit committee (the “Audit Committee”) of the Board of Directors of Prospect Floating Rate and Alternative Income Fund, Inc. (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_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/0001521945-23-000057-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Deloitte & Touche LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}