Are there any concerns about the previous auditor, PricewaterhouseCoopers LLP?

No, the filing explicitly states that there were no disagreements with PricewaterhouseCoopers LLP on any matter of accounting principles, practices, financial statement disclosure, or auditing scope or procedures. There were also no reportable events as defined by the SEC.

Does this change in auditor affect the value or performance of the retirement plan?

This filing reports a change in the independent auditor, which is a standard procedural event for a retirement plan. It does not, in itself, indicate any impact on the Plan's financial performance or investment value. The new auditor will be responsible for reviewing the Plan's financial statements going forward.

Who is the new auditor for the Plan?

The new independent accountants engaged by the Plan are Mitchell & Titus LLP.

JCI 8-K SEC Disclosure — Apr 21, 2004

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 accountants for the Tyco International (US) Inc. Retirement Savings and Investment Plan V. The Plan has dismissed PricewaterhouseCoopers LLP and engaged Mitchell & Titus LLP.

Summary

This 8-K filing from Tyco International (US) Inc. Retirement Savings and Investment Plan V, filed on April 20, 2004, announces a change in its independent auditors. Effective April 19, 2004, the Plan has dismissed PricewaterhouseCoopers LLP and engaged Mitchell & Titus LLP as its new independent accountants. The filing provides assurances that there were no disagreements or reportable events with PricewaterhouseCoopers LLP during their tenure. This change in auditors is a procedural event for the retirement plan and is being reported to ensure transparency with the Securities and Exchange Commission. Investors in the Plan should note this change in auditor, although it does not appear to indicate any underlying financial issues with the Plan itself.

Key Highlights

1Change of independent accountants for Tyco International (US) Inc. Retirement Savings and Investment Plan V.
2PricewaterhouseCoopers LLP has been dismissed.
3Mitchell & Titus LLP has been engaged as the new independent accountants.
4The change is effective as of April 19, 2004.
5No disagreements with PricewaterhouseCoopers LLP on accounting principles or practices were reported.
6No reportable events occurred that would require disclosure by PricewaterhouseCoopers LLP.
7A letter from PricewaterhouseCoopers LLP confirming these statements is attached as an exhibit.

Johnson Controls International plc 8-K Report (Apr 21, 2004)

Summary

Key Highlights

Frequently Asked Questions