Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

Showing material events only. Routine administrative filings — bylaw amendments, technical fund updates, procedural FD disclosures — are filtered out so the front page stays signal-dense.

CIFC Direct Lending Evergreen Fund

8-K Auditor Change confidence 98% filed 2026-08-17 Item 4.01

The filing discloses a change in the registrant's independent accountant under Item 4.01: dismissal of Deloitte & Touche LLP effective August 14, 2026, and engagement of KPMG LLP as the new independent registered public accounting firm. The disclosure explicitly states there were no disagreements, adverse opinions, or reportable events, indicating a routine auditor transition. This is a textbook auditor_change event.

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Protopia Global Holdings Inc.

8-K Auditor Change confidence 95% filed 2026-08-17

The filing discloses under Item 4.01 that on August 11, 2026, Protopia Global Holdings dismissed BCRG as its independent registered public accounting firm and appointed Simon & Edward LLP as the new auditor, effective for the fiscal year ended June 30, 2026. This is a clear auditor change event. The materiality is heightened by the fact that BCRG's prior audit reports contained substantial doubt about the company's ability to continue as a going concern, making the auditor transition significant to investors.

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Amcor plc (AMCCF)

8-K Auditor Change confidence 98% filed 2026-08-14 Item 4.01

The Board accepted the resignation of PricewaterhouseCoopers AG, Switzerland as the independent registered public accounting firm and appointed PricewaterhouseCoopers LLP, United States as the new auditor, effective August 14, 2026. This is a direct auditor change disclosed under Item 4.01, with no disagreements or reportable events noted, driven by the Company's status as a US domestic reporting company and increasing US operations.

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Momentus Inc. (MNTSW)

8-K Auditor Change confidence 98% filed 2026-08-14 Item 4.01

The filing discloses the dismissal of Frank, Rimerman + Co. LLP as the Company's independent registered public accounting firm effective August 11, 2026, and the appointment of Baker Tilly US, LLP as the new auditor effective August 12, 2026. This is a classic auditor change under Item 4.01. The disclosure is material because auditor changes signal potential accounting or governance concerns and affect investor confidence in financial reporting; notably, the prior auditor's 2024 report included substantial doubt about going concern.

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Plum Acquisition Corp. III (PLMUF)

8-K Auditor Change confidence 95% filed 2026-08-14

Item 4.01 discloses that Marcum LLP resigned as the Company's independent registered public accounting firm on June 3, 2026, following CBIZ CPAs' acquisition of Marcum's attest business effective November 1, 2024. The filing explicitly addresses auditor resignation and includes the required letter from the departing auditor (Exhibit 16.1), which are hallmarks of an auditor change disclosure under Item 4.01 of Form 8-K.

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Capital Bancorp Inc (CBNK)

8-K Auditor Change confidence 98% filed 2026-08-14 Item 4.01

Capital Bancorp dismissed Elliott Davis, PLLC and engaged Crowe LLP as its independent registered public accounting firm effective August 14, 2026. This is a classic auditor change under Item 4.01. The filing discloses no disagreements or reportable events with the prior auditor (except a previously disclosed material weakness in internal controls), and the change was driven by the Audit Committee's determination to engage a larger firm with additional resources and industry specialization. This is material to investors as it affects the registrant's financial reporting oversight and audit quality.

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Shepherd's Finance, LLC

8-K Auditor Change confidence 98% filed 2026-08-12 Item 4.01

This is a straightforward auditor change disclosed under Item 4.01. The registrant dismissed BDO USA, P.C. effective August 10, 2026, and simultaneously engaged Schneider Downs & Co., Inc. as its new independent registered public accounting firm. The filing confirms no disagreements or reportable events with the prior auditor, indicating a routine transition rather than a conflict-driven change. Auditor changes are material events affecting investor assessment of financial reporting reliability.

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Unusual Machines, Inc. (UMAC)

8-K Auditor Change confidence 98% filed 2026-08-12 Item 4.01

Unusual Machines dismissed Salberg & Company, P.A. as its independent registered public accounting firm effective immediately on August 12, 2026, and concurrently appointed Ernst & Young LLP as the new auditor. The transition was routine with no disagreements, adverse opinions, or reportable events noted.

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National Energy Services Reunited Corp. (NESR)

8-K Auditor Change confidence 98% filed 2026-08-10

The filing discloses Item 4.01 Changes in Registrant's Certifying Accountant. On August 4, 2026, the Audit Committee dismissed Grant Thornton Audit and Accounting Limited (Dubai Branch) as the independent registered public accounting firm and appointed PricewaterhouseCoopers Limited Partnership Dubai Branch as the new auditor, effective for the fiscal year ending December 31, 2027. This is a clear auditor change event involving both dismissal of the prior auditor and appointment of a new one.

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Northann Corp. (NCL)

8-K Auditor Change confidence 95% filed 2026-08-10 Item 4.01

The registrant's independent registered public accounting firm resigned effective June 8, 2026, explicitly stating it did not authorize or consent to the inclusion of its audit report in the 2025 10-K, did not complete its audit, and disclaimed any audit report attributed to it.

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Canopy Growth Corp (CGC)

8-K Auditor Change confidence 95% filed 2026-08-07 Item 4.01

PKF O'Connor Davies resigned as the independent registered public accounting firm on August 7, 2026, and was replaced by MNP LLP. The filing discloses material reportable events including an adverse opinion on internal controls (material weakness in equity-linked instrument classification) and a restatement of prior-year financial statements due to technical accounting errors in share-settled warrants. These circumstances make the auditor change material to investors.

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Ping An Biomedical Co., Ltd. (PASW)

6-K Auditor Change confidence 95% filed 2026-08-07

The 6-K discloses that on August 5, 2026, the board of directors resolved not to reappoint WWC, P.C. as independent accountants (effective immediately), and on August 6, 2026, engaged Edston Global PAC as the new independent registered public accounting firm. This is a clear auditor change. The filing explicitly states no disagreements or adverse opinions occurred during WWC's engagement, and no reportable events under Item 16F(a)(1)(v) of Form 20-F occurred, indicating a routine transition rather than a dispute-driven change.

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OLENOX INDUSTRIES INC. (OLOX)

8-K Auditor Change confidence 98% filed 2026-08-07 Item 4.01

The Audit Committee dismissed RBSM LLP and appointed Urish Popeck & Co, LLC as the Company's independent registered public accounting firm on August 4–5, 2026. This is a direct auditor change disclosed under Item 4.01. Although the prior auditor's reports contained no adverse opinions or disclaimers (except for a going-concern explanatory paragraph), the disclosure of material weaknesses in internal controls over financial reporting and the change itself are material to investors' assessment of audit quality and financial reporting reliability.

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Virtuix Holdings Inc. (VTIX)

8-K Auditor Change confidence 95% filed 2026-08-06 Item 4.01

The filing discloses a change in the Company's independent registered public accounting firm, with M&K CPAS, PLLC ceasing service effective August 4, 2026, and EisnerAmper LLP being engaged as the new auditor for fiscal year ending March 31, 2027. This is a classic auditor change under Item 4.01. While the prior auditor's reports contained no adverse opinions or disclaimers, they did include an explanatory paragraph regarding going-concern uncertainty, which is material context but does not change the primary event classification.

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BioKey (Cayman), Inc.

8-K Auditor Change confidence 98% filed 2026-08-06 Item 4.01

The filing discloses the dismissal of Simon & Edward, LLP as the independent registered public accounting firm and engagement of Kreit & Chiu CPA LLP effective August 1, 2026. This is a direct auditor change under Item 4.01. The materiality is heightened by the disclosure that the prior auditor's reports contained explanatory paragraphs regarding going-concern doubts for fiscal years 2024 and 2025, and material weaknesses in internal control over financial reporting were identified.

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Nexentis Technologies Inc. (NXTS)

8-K Auditor Change confidence 95% filed 2026-08-06 Item 4.01

The filing discloses the dismissal of KPMG Israel as the independent registered public accounting firm effective August 6, 2026, and the simultaneous appointment of Deloitte Israel as the new auditor. This is a classic auditor change under Item 4.01. While the prior auditor's reports contained a going-concern paragraph regarding the Company's recurring losses and net capital deficiency, the change itself is the material event being disclosed, and the going-concern language is contextual background rather than the primary disclosure.

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Securetech Innovations, Inc. (SCTH)

8-K Auditor Change confidence 95% filed 2026-08-05 Item 4.01

Securetech Innovations dismissed Gary Cheng CPA Limited as its independent registered public accounting firm on July 31, 2026, and concurrently engaged Marcum Asia CPAs LLP as the successor auditor.

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Eagle Nuclear Energy Corp. (NUCLW)

8-K Auditor Change confidence 95% filed 2026-08-05 Item 4.01

Eagle Nuclear Energy Corp. engaged CBIZ CPAs P.C. as its independent registered public accounting firm, effective August 5, 2026, replacing the prior auditor following a thorough evaluation process approved by the Audit Committee and Board of Directors.

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Eagle Nuclear Energy Corp. (NUCLW)

8-K Auditor Change confidence 95% filed 2026-08-04 Item 4.01

Eagle Nuclear Energy Corp. disclosed the resignation of Adeptus Partners, LLC as its independent registered public accounting firm effective July 29, 2026, and the engagement of CBIZ CPAs P.C. as the new auditor on August 4, 2026.

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Nexxen International Ltd. (NEXN)

6-K Auditor Change confidence 95% filed 2026-08-03 EX-99.1

The exhibit is a letter from Somekh Chaikin (a KPMG member firm), the former principal accountant for Nexxen International Ltd., stating that they "were dismissed" on July 29, 2026, after having reported on consolidated financial statements dated March 4, 2026. This is a clear auditor change disclosure required under Item 4.01 of Form 8-K (and analogous 6-K disclosure). The dismissal of an independent auditor is material to investors' assessment of financial reporting reliability.

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Obsidian Therapeutics, Inc. (OBX)

8-K Auditor Change confidence 95% filed 2026-08-03 Item 4.01

KPMG LLP was appointed as the independent registered public accounting firm for Obsidian Therapeutics, approved by the Board on August 3, 2026, effective upon completion of the merger transaction.

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Bitdeer Technologies Group (BTDR)

6-K Auditor Change confidence 98% filed 2026-08-03

The 6-K discloses the dismissal of MaloneBailey, LLP as the Company's independent registered public accounting firm effective August 3, 2026, and the concurrent appointment of Deloitte & Touche LLP as the new auditor. The filing explicitly states "CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT" and provides detailed disclosures regarding the prior auditor's reports, any disagreements, and reportable events, consistent with Item 16F(a) of Form 20-F requirements for auditor changes.

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Blue Line Holdings, Inc. (BLNH)

8-K Auditor Change confidence 95% filed 2026-08-03

The filing discloses that on August 3, 2026, the Audit Committee dismissed BCRG Group as the independent registered public accounting firm and appointed Simon & Edward LLP as the new auditor, effective following S&E's acquisition of BCRG's attest business on June 15, 2026. This is a clear auditor change under Item 4.01. The materiality is heightened by the disclosure that BCRG's prior audit reports contained an explanatory paragraph indicating substantial doubt about the Company's ability to continue as a going concern, making the auditor transition particularly significant to investors.

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BP PLC (BPPFF)

6-K Auditor Change confidence 85% filed 2026-07-31

BP announces the conclusion of a formal audit tender process and the Board's confirmation of Deloitte LLP's re-appointment as statutory auditor effective from the 2028 financial year, subject to shareholder approval at the 2027 AGM. Although technically a re-appointment rather than a change to a new auditor, this disclosure follows a formal competitive tender process required by applicable legislation every 10 years, and represents a material governance decision affecting the registrant's independent audit function.

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House of Doge Inc. (TBH)

8-K Auditor Change confidence 95% filed 2026-07-29 Item 4.01

The Company dismissed CBIZ CPAs P.C. as its independent registered public accounting firm effective July 23, 2026, and concurrently engaged Davidson & Company LLP as the new auditor, with the change revealing material weaknesses in internal controls over financial reporting including deficiencies in cash disbursement review, general ledger reconciliation, income tax controls, and cybersecurity policies.

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Smartbird, Inc. (BIRD)

8-K Auditor Change confidence 98% filed 2026-07-29 Item 4.01

The filing discloses the dismissal of Deloitte & Touche LLP as the Company's independent registered public accounting firm on July 28, 2026, and the concurrent engagement of BPM LLP as the new auditor. This is a classic auditor change event under Item 4.01. The disclosure explicitly states there were no disagreements, reportable events, or adverse audit opinions, indicating a routine transition rather than a crisis-driven change. Auditor changes are material to investors as they affect financial statement credibility and oversight.

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Amber International Holding Ltd (AMBR)

6-K Auditor Change confidence 75% filed 2026-07-28 EX-99.1

This exhibit is a letter from WWC, P.C. (a PCAOB-registered CPA firm, ID 1171) to the SEC dated July 28, 2026, regarding Amber International Holding Limited's Form 6-K filing. The letter's structure—a third-party auditor furnishing a statement to the SEC about a company's filing and explicitly stating it "does not disagree" with the company's statements regarding WWC—is characteristic of an auditor change disclosure. The auditor is formally notifying the SEC of its involvement or change in status relative to the company's filings, which is a material governance event.

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DAYTON POWER & LIGHT CO

8-K Auditor Change confidence 98% filed 2026-07-27 Item 4.01

The Company dismissed Ernst & Young LLP as its independent registered public accounting firm on July 23, 2026, due to independence concerns arising from the announced Merger Agreement involving AES and Horizon Parent. KPMG LLP was simultaneously engaged as the new auditor effective upon EY's dismissal. This is a classic auditor change under Item 4.01, with clear disclosure of the prior auditor's dismissal and the new auditor's appointment, along with confirmatory statements regarding the absence of disagreements or reportable events.

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IPALCO ENTERPRISES, INC.

8-K Auditor Change confidence 98% filed 2026-07-27 Item 4.01

The filing discloses the dismissal of Ernst & Young LLP as the Company's independent registered public accounting firm on July 23, 2026, and the engagement of KPMG LLP as the replacement auditor, effective upon filing of the Q2 2026 10-Q. This is a classic auditor change under Item 4.01, driven by EY's loss of independence due to the pending AES merger. The filing includes the required representations regarding absence of disagreements and reportable events, and references EY's consent letter (Exhibit 16.1).

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DPL LLC

8-K Auditor Change confidence 95% filed 2026-07-27 Item 4.01

The filing discloses the dismissal of Ernst & Young LLP as the Company's independent registered public accounting firm on July 23, 2026, and the engagement of KPMG LLP as the replacement auditor, effective upon filing of the Q2 2026 10-Q. The change is driven by EY's loss of independence due to the announced Merger Agreement involving AES (the Company's parent). This is a classic auditor change under Item 4.01, and the filing includes the required representations regarding disagreements and reportable events, along with EY's consent letter (Exhibit 16.1).

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AES CORP (AES)

8-K Auditor Change confidence 95% filed 2026-07-27 Item 4.01

The Audit Committee dismissed Ernst & Young LLP as the Company's independent registered public accounting firm on July 21, 2026, due to independence concerns arising from the pending Merger Agreement with Global Infrastructure Management and EQT Infrastructure VI fund. KPMG LLP was simultaneously engaged as the new auditor effective upon EY's dismissal. This is a classic auditor change under Item 4.01, material because it affects the registrant's financial reporting oversight and involves disclosure of EY's prior adverse opinion on internal controls and a material weakness in the disposition process of AES Brasil.

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SemiLEDs Corp (LEDS)

8-K Auditor Change confidence 98% filed 2026-07-27 Item 4.01

This is a straightforward auditor change disclosure under Item 4.01. The Company's independent registered public accounting firm changed from YCM CPA INC. to DLEE Accountancy, Inc. on July 27, 2026. The filing explicitly states the engagement with YCM expired and the Audit Committee engaged DLEE as the new independent registered public accounting firm. Auditor changes are material events that affect investor assessment of financial reporting reliability.

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PetVivo Holdings, Inc. (PETVW)

8-K Auditor Change confidence 95% filed 2026-07-27

The filing discloses the resignation of Stephano Slack LLC as the Company's independent registered public accounting firm effective July 2, 2026, and the concurrent engagement of GuzmanGray as the new auditor on July 23, 2026. Item 4.01 explicitly addresses "Changes in Registrant's Certifying Accountant." The disclosure is material because it involves a change in the independent auditor and notably reveals that Stephano Slack's prior audit report contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern—a significant accounting matter that would affect investor assessment.

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Starfighters Space, Inc. (FJET)

8-K Auditor Change confidence 97% filed 2026-07-24 Item 4.01

On July 22, 2026, Starfighters Space's Audit Committee engaged CBIZ CPAs P.C. as the Company's new independent registered public accounting firm, replacing the prior auditor following a thorough evaluation process. No disagreements or reportable events occurred with the former auditor, indicating a routine transition.

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Papaya Growth Opportunity Corp. I

8-K Auditor Change confidence 95% filed 2026-07-24 Item 4.01

The filing discloses a change in the registrant's independent accountant: Citrin Cooperman & Company, LLP declined to stand for re-election effective July 22, 2026, and the Audit Committee appointed Malone Bailey, LLP as the new auditor. This is a classic auditor change under Item 4.01. The disclosure also notes the former auditor's reports contained an explanatory paragraph regarding substantial doubt about going concern, and identifies a material weakness in internal control over financial reporting related to income tax recording, both of which are material to investors' assessment of the company's financial reporting quality and governance.

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INTEGRATED RAIL & RESOURCES INC.

8-K Auditor Change confidence 98% filed 2026-07-24 Item 4.01

The filing discloses the resignation of Ham, Langston & Brezina, LLP as the Company's independent registered public accounting firm on July 20, 2026, and the appointment of CohnReznick LLP as the new auditor on July 23, 2026. This is a classic auditor change under Item 4.01. The prior auditor's reports contained an explanatory paragraph regarding going-concern uncertainty, which adds materiality to the transition, though no disagreements or reportable events are disclosed.

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American Resources Corp (AREC)

8-K Auditor Change confidence 98% filed 2026-07-24 Item 4.01

American Resources Corp dismissed GreenGrowth CPAs on June 30, 2026, and appointed UHY LLP as its new independent accountant on July 11, 2026. No disagreements or reportable events occurred, and the prior auditor's report was unqualified.

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Laser Photonics Corp (LASE)

8-K Auditor Change confidence 92% filed 2026-07-24 Item 4.01

Item 4.01 discloses a change in the registrant's independent accountant. The filing references Item 304(a) (the auditor change disclosure requirement under Regulation S-K) and includes a letter from Weinberg & Company, P.A. agreeing with the registrant's statements regarding the auditor change. This is a material governance event affecting the registrant's financial reporting oversight.

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Freenome, Inc. (PCSC)

8-K Auditor Change confidence 95% filed 2026-07-23 Item 4.01

WithumSmith+Brown, PC was dismissed as PCSC's independent auditor on July 20, 2026, and Ernst & Young LLP was concurrently engaged as the new auditor of New Freenome in connection with the reverse acquisition business combination.

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DR REDDYS LABORATORIES LTD (RDY)

6-K Auditor Change confidence 98% filed 2026-07-23

The 6-K discloses a change in the Company's Independent Registered Public Accounting Firm from Ernst & Young Associates LLP to Deloitte Haskins & Sells, LLP, approved by the Board on July 22, 2026. The filing explicitly states that Deloitte will audit the Company's Form 20-F and review interim 6-K filings, replacing EY who completed the audit for the year ended March 31, 2026. This is a clear auditor change under Item 16F of Form 20-F, material to investors assessing financial reporting reliability.

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Black Rock Petroleum Co

8-K Auditor Change confidence 95% filed 2026-07-22 Item 4.01

The filing discloses a change in the registrant's independent accountant: Gries and Associates, LLC was dismissed on March 11, 2024, and replaced by GreenGrowth CPAs. The change was triggered by Gries's sale of its business to GreenGrowth. Although the prior auditor's reports contained no adverse opinions or disclaimers, they did note substantial doubt about the company's ability to continue as a going concern, and management discussed material weaknesses in internal controls with Gries. This is a classic auditor change disclosure under Item 4.01.

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SuperX AI Technology Ltd (SUPX)

6-K Auditor Change confidence 98% filed 2026-07-21

The 6-K discloses the dismissal of KD & Co. as the Company's independent registered public accounting firm on July 21, 2026, and the simultaneous appointment of HTL CPAs & Business Advisors as the new auditor, effective immediately. This is a clear auditor change event. The filing explicitly states there were no disagreements, adverse opinions, or reportable events, indicating a routine transition rather than a conflict-driven change, but the change itself is material to investors' assessment of audit continuity and financial reporting oversight.

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Flag Ship Acquisition Corp (FSHPR)

8-K Auditor Change confidence 95% filed 2026-07-21 Item 4.01

The filing discloses the dismissal of MaloneBailey LLP as the Company's independent registered public accounting firm effective July 20, 2026, and the concurrent engagement of Wei, Wei & Co., LLP as the new auditor. This is a classic auditor change under Item 4.01. The disclosure is material because it involves a change in the registrant's certifying accountant and includes disclosure of material weaknesses in internal control over financial reporting and substantial doubt about going concern, both of which are significant to investors' assessment of financial reporting reliability.

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American Well Corp (AMWL)

8-K Auditor Change confidence 98% filed 2026-07-20 Item 4.01

The disclosure explicitly reports the dismissal of PricewaterhouseCoopers LLP as the independent registered public accounting firm on July 14, 2026, and the simultaneous appointment of BDO USA, P.C. as the new auditor. This is a classic auditor change event under Item 4.01. The filing confirms no disagreements, reportable events, or adverse audit opinions, indicating a routine transition rather than a crisis-driven change. Auditor changes are material to investors as they affect financial statement reliability and oversight.

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SATIVUS TECH CORP. (SATT)

8-K Auditor Change confidence 95% filed 2026-07-20 Item 4.01

The filing discloses a change in the registrant's independent registered public accounting firm, with Elkana Amitai, CPA replaced by Vilki & Co effective July 1st, 2026. This is a classic auditor change under Item 4.01(a), and the company explicitly states there were no disagreements with the former auditor and no reportable events, which is the standard disclosure format for such changes.

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Polomar Health Services, Inc. (PMHS)

8-K Auditor Change confidence 98% filed 2026-07-17

The filing discloses a change in the registrant's independent accountant under Item 4.01. On July 8, 2026, the Audit Committee dismissed GreenGrowth CPAs and appointed Haskell & White LLP as the new independent registered public accounting firm. The prior auditor's reports contained no adverse opinions, disclaimers, or qualifications, and there were no disagreements or reportable events, indicating a routine auditor transition. This is material to investors as it affects the audit oversight and financial reporting assurance for the company.

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GSK plc (GLAXF)

6-K Auditor Change confidence 92% filed 2026-07-17

GSK announces the Board's decision to re-appoint Deloitte LLP as external auditor following a competitive tender process required by Public Interest Entity rules. Although technically a re-appointment rather than a change to a new firm, the announcement of the auditor selection outcome following a formal tender process is a material governance event requiring shareholder approval at the 2028 AGM, consistent with auditor_change classification.

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Compass Group Diversified Holdings LLC

8-K Auditor Change confidence 95% filed 2026-07-16 Item 4.01

The filing discloses the dismissal of Grant Thornton LLP as CODI's independent registered public accounting firm effective July 16, 2026, and the simultaneous appointment of Deloitte & Touche LLP as the new auditor. This is a classic auditor change under Item 4.01. The materiality is heightened by the fact that Grant Thornton's prior reports contained going-concern warnings and references to restatements, and expressed adverse opinions on internal controls due to material weaknesses—factors that would affect investor assessment of the company's financial reliability and governance.

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Clean Energy Technologies, Inc. (CETY)

8-K Auditor Change confidence 95% filed 2026-07-16

The filing discloses the dismissal of TAAD LLP as the Company's independent registered public accounting firm on July 13, 2026, and the engagement of Green Growth CPAs as the new auditor on July 16, 2026. Item 4.01 explicitly addresses "Changes In Registrant's Certifying Accountant." The materiality is heightened by the fact that the former auditor's reports contained an explanatory paragraph noting substantial doubt about the Company's ability to continue as a going concern, making the auditor change particularly significant to investors.

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SU Group Holdings Ltd (SUGP)

6-K Auditor Change confidence 92% filed 2026-07-16 EX-99.1

This is a "Change of Accountants' Letter" filed as an exhibit to a Form 6-K dated July 16, 2026. The letter from Marcum Asia CPAs LLP confirms the firm's agreement with statements made by SU Group Holdings Limited regarding the accountant change, which is the standard SEC-required letter when an auditor changes. This disclosure falls squarely under auditor_change (Item 4.01 equivalent for foreign private issuers) and is material because changes in independent auditors affect investor confidence in financial reporting and governance.

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