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FOOTNOTES: Recent Auditor Changes
By: iStockAnalyst   Wednesday, April 05, 2006 5:15 PM
Symbols: ABBC, ACO, EMS, IFC, IWOV, MDCA, NXTY, OSIS
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The following is a list of companies that recently changed auditors:

     Nature's Sunshine Products Inc. (NASDAQ-NMS:NATRE)  (NATRE)    Resigned: KPMG LLP    Note: The company didn't comply with KMPG's request    that it terminate the nonexecutive employment of its    former chief executive, Douglas Faggioli.    Reported: April 3      Emtec Inc. (NASDAQ-OTCBB:ETEC)  (ETEC)    Dismissed: Ernst & Young LLP    Reported: April 3     MDC Partners Inc. (NASDAQ-NMS:MDCA)  (MDCA)    Dismissed: KPMG LLP    Note: Auditor said MDC Partners didn't maintain    effective internal controls as of Dec. 31, 2004 and    2005, in relation to the financial reporting close    process, accounting for complex transactions, income    taxes and lease accounting, among other things,    according to the filing.    Reported: April 3      Irwin Financial Corp. (NYSE:IFC)  (IFC)    Hired: Ernst & Young LLP    Reported: April 3      Abington Community Bancorp Inc. (NASDAQ-NMS:ABBC)  (ABBC)    Dismissed: Deloitte & Touche LLP    Reported: April 3      Cal-Bay International Inc. (NASDAQ-OTCBB:CBAY)  (CBAY)    Dismissed: Argy & Co.    Hired: Lawrence Scharfman & Co.    Note: Argy & Co. had expressed doubts about the    company's ability to continue as a going concern in    its reports for the years ended Dec. 31, 2003, and    Dec. 31, 2004.    Reported: April 3     Whitehall Jewelers Inc. (JWL)    Resigned: PricewaterhouseCoopers LLP    Note: PwC expressed substantial doubt about the    company's ability to continue as a going concern    in a report on its financial statements    for the year ended Jan. 31, 2005.    Reported: April 3      Emergency Medical Services Corp. (NYSE:EMS)  (EMS)    Dismissed: PricewaterhouseCoopers LLP    Hired: Ernst & Young LLP    Note: A previously disclosed deficiency in its    internal controls has since been corrected, the    company said.    Reported March 31      Interwoven Inc. (NASDAQ-NMS:IWOV)  (IWOV)    Dismissed: KPMG LLC    Hired: Ernst & Young LLP    Reported: March 31      OSI Systems Inc. (NASDAQ-NMS:OSIS)  (OSIS)    Resigned: Deloitte & Touche LLP    Hired: No one yet    Reported: March 30      O2Diesel Corp. (AMEX:OTD)  (OTD)    Resigned: Ernst & Young LLP    Hired:  Mayer Hoffman McCann    Reported: March 29      Amcol International Corp. (NYSE:ACO)  (ACO)    Dismissed: KPMG LLP    Hired: Ernst & Young LLP    Reported: March 29      Nexity Financial Corp. (NASDAQ-NMS:NXTY)  (NXTY)    Dismissed: Ernst & Young LLP    Hired: Mauldin & Jenkins Certified Public Accountants    LLC    Reported: March 24  
    (END) Dow Jones Newswires   04-05-06 1715   Copyright (c) 2006 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )

 

 
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