secwatch.observer — SEC 8-K summary
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Issuer:     Prospect Floating Rate & Alternative Income Fund, Inc. (—)
CIK:        0001521945
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001521945-23-000057
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Floating Rate and Alternative Income Fund changes auditor from BDO to Deloitte
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/0001521945-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521945/000152194523000057/pfloat-20230929.htm
  HTML page:      https://secwatch.observer/filing/0001521945-23-000057

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