other material
confidence high
sentiment neutral
materiality 0.50
Lakeland Industries dismisses Deloitte, appoints RSM US as new auditor
LAKELAND INDUSTRIES INC
- Deloitte & Touche LLP dismissed as independent accountant effective Oct 11, 2024, approved by Audit Committee.
- No disagreements with Deloitte on accounting principles, financial statement disclosure, or audit scope for FY2024 and FY2023.
- Prior material weakness in internal controls over foreign currency translation (2023) was remediated as of Jan 31, 2024.
- RSM US LLP engaged as successor independent auditor for the quarter ending Oct 31, 2024.
- No prior consultations with RSM regarding accounting or auditing issues before engagement.