01—Abstract
Summary
Summary of the 8-K filed February 28, 2025. Cited figures are marked; the original filing is the authoritative source.
CRH Public Ltd Co (CRH) has filed an 8-K report announcing a significant change in its U.S. independent registered public accounting firm.
Effective February 28, 2025, Deloitte & Touche LLP (Deloitte U.S.) has been engaged as the Company's independent registered public accounting firm for the year ending December 31, 2025, and interim periods. This change follows CRH's recent transfer of its primary listing from the London Stock Exchange to the New York Stock Exchange, signaling a strategic alignment with its new trading venue and regulatory environment. It is important to note that Deloitte Ireland LLP will continue to serve as CRH's statutory auditor under Irish law.
The company has stated that there were no disagreements or reportable events with its former auditor, Deloitte Ireland, during the relevant periods. This transition is a standard procedural step for companies listing on major U.S. exchanges and aims to ensure appropriate audit oversight in the new market.
02—Key points
Key Highlights
- CRH has appointed Deloitte & Touche LLP (Deloitte U.S.) as its independent registered public accounting firm for the fiscal year 2025.
- This change is effective February 28, 2025.
- The transition of auditors is a direct result of CRH's recent move to list its primary trading on the New York Stock Exchange (NYSE).
- Deloitte Ireland LLP will continue to act as the statutory auditor for CRH under Irish law.
- CRH confirms there were no disagreements or reportable events with its previous auditor, Deloitte Ireland, regarding accounting principles, financial disclosure, or auditing procedures.
- Deloitte U.S. had limited prior involvement, participating in a portion of the 2024 and 2023 audits without providing significant consultation that influenced CRH's accounting decisions.
- The filing includes a letter from Deloitte Ireland LLP to the SEC confirming agreement with the statements made in the 8-K regarding their tenure.
03—Questions
Frequently Asked Questions
Why is CRH changing its U.S. independent registered public accounting firm?
CRH is changing its U.S. independent registered public accounting firm as a direct consequence of its recent transfer of its primary listing from the London Stock Exchange to the New York Stock Exchange. Engaging Deloitte U.S. aligns the company's audit oversight with its new primary trading venue and regulatory environment.
Will Deloitte Ireland stop auditing CRH's financial statements?
No, Deloitte Ireland LLP will continue to serve as CRH's statutory auditor under Irish law. The change announced in the 8-K specifically pertains to the appointment of the U.S. registered public accounting firm for U.S. reporting and audit purposes.
Were there any issues or disagreements with the previous auditor, Deloitte Ireland?
No, the filing explicitly states that there were no disagreements or reportable events with Deloitte Ireland on any matters of accounting principles, practices, financial statement disclosure, or auditing scope or procedure during the periods in question. The transition is described as a planned move related to the NYSE listing.
What is the significance of Deloitte U.S. having participated in prior audits?
Deloitte U.S. had participated in a portion of CRH's consolidated financial statement audits for fiscal years 2024 and 2023. However, the company clarified that this involvement was not consultative in a manner that influenced key accounting or auditing decisions, and no significant advice was provided that CRH considered critical to its decision-making.
04—Continue