Summary
This 8-K filing from April 21, 2004, concerns the Tyco International (US) Inc. Retirement Savings and Investment Plan IV. The primary event reported is the change in the Plan's certifying accountant. PricewaterhouseCoopers LLP has been dismissed, and Mitchell & Titus LLP has been engaged as the new independent accountants, effective April 19, 2004. This change in auditor is a procedural matter for the retirement plan and does not appear to be driven by any disagreements regarding accounting principles or financial reporting. The filing explicitly states there were no such disagreements with PricewaterhouseCoopers LLP. Investors in this plan should note this change in auditor as it pertains to the oversight and assurance of the plan's financial statements.
Key Highlights
- 1Change in Certifying Accountant: Tyco International (US) Inc. Retirement Savings and Investment Plan IV has changed its independent auditors.
- 2Dismissal of PricewaterhouseCoopers LLP: The Plan has dismissed PricewaterhouseCoopers LLP as its independent accountants.
- 3Engagement of Mitchell & Titus LLP: Mitchell & Titus LLP has been appointed as the new independent accountants for the Plan.
- 4Effective Date: The change in auditors is effective as of April 19, 2004.
- 5No Disagreements with Prior Accountant: The filing states there were no disagreements with PricewaterhouseCoopers LLP on any accounting principles, financial statement disclosures, or auditing procedures.
- 6No Reportable Events: No reportable events, as defined by Regulation S-K, occurred in connection with the change.
- 7PwC Letter Attached: An exhibit contains a letter from PricewaterhouseCoopers LLP addressed to the SEC confirming the statements made in the filing.