NVIDIA DISMISSES KPMG: Nvidia Corp., a manufacturer and marketer of 3D graphics processors and software, dismissed auditor KPMG and retained Big Four rival PricewaterhouseCoopers as its replacement, according to a federal filing.
In March, Nvidia began soliciting proposals from the Big Four. The company said that it had no disagreements with KPMG on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
IHOP, PWC PART WAYS: IHOP Corp., a 1,200-unit family restaurant operator and franchisor, severed its relationship with long-time auditor PricewaterhouseCoopers and hired Ernst & Young as its successor.
IHOP said that its audit committee wanted the change to a new auditor who could bring a fresh perspective to the review and audit of the company’s financials.
PwC had served as auditor to Glendale, Calif.-based IHOP for 21 years.
NATIONAL ENERGY HIRES GT: National Energy Group Inc. has hired Grant Thornton as its independent accountant, replacing its incumbent auditor, Big Four firm KPMG.
In a filing the company said that its audit committee made the decision based on competitive bids submitted by three accounting firms.
ATP TAPS DELOITTE: ATP Oil & Gas Corp. named Deloitte & Touche as its fiscal 2004 auditor, replacing KPMG.
KPMG, which served as the company’s auditor for roughly seven years, didn’t issue an adverse opinion or disclaimer of opinion on ATP’s financials.
