other material
confidence high
sentiment neutral
materiality 0.60
Sonida Senior Living dismisses auditor RSM US LLP, seeking new auditor
SONIDA SENIOR LIVING, INC.
- Audit Committee voted May 31, 2024 to dismiss RSM as independent auditor; no disagreements on accounting principles.
- RSM's 2022 report included a going concern explanatory paragraph; 2023 report did not.
- Material weakness in internal control over financial reporting existed for fiscal years 2022 and 2023, previously disclosed.
- Company is in final stages of competitive bidding to engage a new independent registered public accounting firm.