other_material
confidence high
sentiment negative
materiality 0.60
Skillz dismisses Grant Thornton, appoints Deloitte as new auditor; material weaknesses reiterated
Skillz Inc.
- Audit Committee dismissed Grant Thornton LLP effective Dec 11, 2025; Deloitte & Touche LLP appointed same day.
- No disagreements with GT on accounting principles or audit scope; prior material weaknesses in internal controls cited.
- Material weaknesses include risk assessment, IT general controls, and insufficient review of complex accounting assumptions.
- GT's audit reports for FY 2024 and 2023 were unqualified except for ASU 2023-07 adoption note.
- Company authorized GT to respond fully to Deloitte's inquiries regarding the reportable events.
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