other material
confidence high
sentiment neutral
materiality 0.30
Peoples Bancorp of NC replaces auditor Elliott Davis with FORVIS for FY2024
PEOPLES BANCORP OF NORTH CAROLINA INC
- Audit Committee engaged FORVIS, LLP as independent auditor for FY2024, effective after completion of 2023 audit.
- Elliott Davis, PLLC dismissed as auditor; had served since June 2015. No disagreements or reportable events in prior audits.
- Elliott Davis's reports for FY2022 and FY2021 contained no adverse opinions or qualifications.
- Company provided Elliott Davis with draft 8-K; Elliott Davis filed letter with SEC agreeing with statements.