Deloitte & Touche LLP has resigned as the auditor for American Apparel and has been replaced with the troubled garment retailers former auditor Marcum LLP.
Deloitte had served as American Apparels independent registered public accounting firm since April 3, 2009, but had warned the company and its CEO Dov Charney back in March of material weaknesses in the companys internal control environment, and in the financial closing and reporting process.
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