LANDEC DISMISSES E&Y
Landec Corp., a Menlo Park, Calif.-based manufacturer and marketer of polymer products for agriculture, dismissed Big Four firm Ernst & Young as its auditor and named McGladrey & Pullen as its new independent accountant. In a filing, the company said that it had no disagreements with E&Y, and the auditor's reports on Landec's financials for the fiscal years ended May 27, 2007, and May 28, 2006, did not contain any adverse opinions or disclaimers of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. The decision to jettison E&Y was approved by the company's audit committee.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access