other material
confidence high
sentiment neutral
materiality 0.60
Silvaco Group, Inc. (SVCO): auditor change — Silvaco dismisses Baker Tilly, appoints KPMG as independent auditor
Silvaco Group, Inc.
- Baker Tilly dismissed May 21, 2026; KPMG engaged May 27, 2026, per Audit Committee decision.
- No disagreements on accounting principles or audit scope during 2024, 2025, or interim period.
- Audit reports for 2024 and 2025 were unqualified; but 2024 10-K disclosed a material weakness in internal control over financial reporting.
- Baker Tilly succeeded Moss Adams via merger on June 3, 2025; Baker Tilly filed an SEC letter agreeing with the company's statements.