8-KFinancial EventsExhibits & Filings

FIFTH THIRD BANCORP 8-K Report, Auditor Change (Aug 5, 2005)

Filed August 5, 2005For Securities:FITBFITBOFITBPFITB-PIFITB-PMFITB-PAFITBIFITB-PK

Summary

This 8-K filing by FIFTH THIRD BANCORP (FITB), filed on August 5, 2005, primarily reports a change in the independent registered public accounting firm for the Franklin Financial Employees Retirement Savings Plan. Following Fifth Third Bancorp's acquisition of Franklin Financial Corporation, Deloitte & Touche LLP has been engaged to audit the Plan's financial statements for the year ended December 31, 2004. This engagement replaces Crowe Chizek and Company LLC, which was dismissed on May 9, 2005. The filing specifies that the dismissal of Crowe Chizek and Company LLC was not due to any disagreements on accounting principles, financial statement disclosures, or auditing procedures. Furthermore, the Plan did not consult with Deloitte & Touche LLP on any accounting or auditing matters prior to their engagement. Investors should note that this change in auditor pertains specifically to the retirement savings plan and not directly to the financial statements of Fifth Third Bancorp itself.

Key Highlights

  • 1Fifth Third Bancorp acquired Franklin Financial Corporation, leading to changes in auditor for the Franklin Financial Employees Retirement Savings Plan.
  • 2Deloitte & Touche LLP has been appointed as the new independent auditor for the Plan's financial statements for the fiscal year 2004.
  • 3Crowe Chizek and Company LLC was dismissed as the Plan's auditor on May 9, 2005.
  • 4There were no disagreements between the Plan and Crowe Chizek and Company LLC regarding accounting principles, financial disclosures, or auditing procedures.
  • 5The Plan did not consult with Deloitte & Touche LLP on any accounting or auditing matters prior to their engagement.
  • 6The change in auditor is specific to the Franklin Financial Employees Retirement Savings Plan, not Fifth Third Bancorp's corporate financial statements.

Frequently Asked Questions

The main purpose of this 8-K filing is to report a change in the independent registered public accounting firm for the Franklin Financial Employees Retirement Savings Plan, following the acquisition of Franklin Financial Corporation by Fifth Third Bancorp.

Deloitte & Touche LLP has been engaged as the new independent registered public accounting firm to audit the financial statements of the Franklin Financial Employees Retirement Savings Plan for the year ended December 31, 2004.

No, the filing states that there were no disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that would have caused Crowe Chizek and Company LLC to make reference to such issues in their reports.

No, this filing specifically addresses the auditor change for the Franklin Financial Employees Retirement Savings Plan. It does not pertain to the independent auditor of Fifth Third Bancorp's consolidated financial statements.