Waterside Capital Dismisses KPMG: Waterside Capital Corp., an investment company, dismissed Big Four firm KPMG and appointed the firm of Witt Mares & Co. as its new auditor.
There were no disagreements between Waterside Capital and KPMG on accounting principles or practices, financial statement disclosure, or auditing scope or procedure, according to a filing with the Securities and Exchange Commission.
World Transport Appoints Stonefield Josephson: World Transport Authority Inc., an automotive technology concern, hired Stonefield Josephson Inc. as its new independent public accountant, according to an 8-K filed with the Securities and Exchange Commission. Stonefield Josephson succeeds J.H. Cohn, which resigned earlier this year.
J.H. Cohn’s reports on the company’s 2001 and 2002 financials raised doubt about the company’s ability to continue as a going concern.
Tripath Taps BDO: Tripath Technology, a Santa Clara, Calif.-based manufacturer of integrated circuits, hired BDO Seidman as its new auditor for the year ended Dec. 31.
BDO succeeds Big Four firm PricewaterhouseCoopers, which had raised doubts about the company’s ability to continue as a going concern.
Tripath indicated that there were no unresolved disagreements with PwC during the previous two fiscal years.
