DELOITTE DECLINES ATARI RE-ELECTIONBig Four firm Deloitte declined to stand for re-election as auditor to video game manufacturer Atari Inc. A regulatory filing did not give a reason for the decision. New York-based Atari said that its audit committee had received several proposals from other accounting firms. At press time a successor had not been named.
Atari said there were no disagreements with Deloitte on any matters of accounting. The filing also said that the relationship would end upon Deloitte auditing Atari's 2007 financials.
E&Y RESIGNS INTERVOICE
Intervoice, a Dallas-based provider of converged voice and data products for the network and enterprise markets, said that Big Four firm Ernst & Young had resigned as its independent accountant.
A filing provided no explanation for the resignation, but E&Y's reports on the company's financials for the years ended Feb. 28, 2006 and 2007, did not contain an adverse opinion or disclaimer of opinion, nor were they modified as to uncertainty, audit scope or accounting principles. In addition, during the years ended Feb. 28, 2006 and 2007, and the subsequent interim periods preceding E&Y's resignation, there were no disagreements between Intervoice and E&Y on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
The company's audit committee said that it has begun interviewing other audit firms.
NORTHWEST PIPE JETTISONS PWC
Northwest Pipe, a Portland, Ore., welder of steel pipe materials, dismissed Big Four firm PricewaterhouseCoopers as its auditor and engaged Deloitte & Touche as its replacement. In a report for the year ended Dec. 31, 2006, PwC concluded that Northwest Pipe did not maintain sufficient controls over financial reporting, resulting in a material weakness.
The decision to engage Deloitte was approved by its audit committee.
MICROISLET ENGAGES KMJ CORBIN
Biotechnology concern MicroIslet Inc. dismissed auditor Deloitte & Touche and engaged the firm of KMJ Corbin & Co. as its successor. A filing did not provide a reason for the dismissal. MicroIslet said that it had no disagreements with Deloitte on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedures, for the past two fiscal years and the interim period ended July 18, 2007.
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