Were there any issues or disagreements with the previous auditor, PricewaterhouseCoopers LLP?

No, the filing explicitly states that there were no disagreements on any accounting principles, practices, financial statement disclosures, or auditing procedures with PricewaterhouseCoopers LLP during the relevant periods.

Why is this change in auditor being reported?

This change is being reported to comply with SEC regulations, specifically Item 4.01 of Form 8-K, which requires public companies to disclose changes in their certifying accountants and any related circumstances.

Does this change affect Corning Incorporated's overall financial statements or operations?

This filing specifically pertains to the 'Corning Incorporated Investment Plan for Unionized Employees,' not the parent company's consolidated financial statements or overall corporate operations. Therefore, it is unlikely to have a direct impact on the broader company's financial health or strategic direction, beyond the administrative aspect of the employee investment plan.

GLW 8-K: Financial Events

Q: What is the main purpose of this 8-K filing?

The main purpose of this filing is to report a change in the independent registered public accounting firm for the Corning Incorporated Investment Plan for Unionized Employees. This includes the dismissal of the former auditor and the appointment of a new one.

Summary

This Form 8-K filing by CORNING INC /NY (GLW) on May 2, 2005, primarily concerns a change in the independent registered public accounting firm for the Corning Incorporated Investment Plan for Unionized Employees. The Benefits Committee of the Plan approved the dismissal of PricewaterhouseCoopers LLP and appointed Insero, Kasperski, Ciaccia & Co., P.C. as the new independent auditor. The change in auditor is routine and is being disclosed as required by SEC regulations. Importantly, the filing states that there were no disagreements or reportable events with the former auditor, PricewaterhouseCoopers LLP, regarding accounting principles, financial statement disclosures, or auditing procedures during the relevant periods. The new auditor, Insero, Kasperski, Ciaccia & Co., P.C., was not consulted on any matters that would constitute a disagreement or reportable event prior to their appointment.

Key Highlights

1Change in independent registered public accounting firm for the Corning Incorporated Investment Plan for Unionized Employees.
2PricewaterhouseCoopers LLP has been dismissed as the plan's auditor.
3Insero, Kasperski, Ciaccia & Co., P.C. has been appointed as the new independent auditor for the plan.
4The change was approved by the Benefits Committee of the Plan on April 20, 2005.
5No disagreements or reportable events occurred with the former auditor, PricewaterhouseCoopers LLP.
6The new auditor was not consulted on any matters that would have led to disagreements or reportable events prior to their appointment.

CORNING INC /NY 8-K Report, Auditor Change (May 2, 2005)

Summary

Key Highlights

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