secwatch.observer — SEC 8-K summary
======================================

Issuer:     UiPath, Inc. (PATH)
CIK:        0001734722
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001734722-22-000014
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UiPath replaces auditor Grant Thornton with KPMG; notes prior material weakness
-------------------------------------------------------------------------------

- On April 14, 2022, Audit Committee dismissed Grant Thornton (GT) and engaged KPMG for FY2023.
- No disagreements on accounting principles or audit scope between UiPath and GT.
- Material weakness in internal controls over revenue recognition was identified for FY2020 and remediated as of Jan 31, 2021.
- GT's audit reports for FY2021 and FY2022 were unqualified, with no adverse opinion.
- KPMG was not consulted on any accounting matters prior to engagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734722/000173472222000014/0001734722-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734722/000173472222000014/path-20220414.htm
  HTML page:      https://secwatch.observer/filing/0001734722-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer