Business Context and Reporting Period
Company: Community Bancorp (Vermont)
Filing Type: Form 8-K (Current Report)
Date of Report: November 3, 2025
Event: Change in Registrant's Certifying Accountant
Financial Metrics
This filing does not contain financial performance data. Revenue, profit, cash flow, margins, debt, and liquidity metrics are not reported in this document.
Material Changes
- Dismissal of Auditor: The Audit Committee approved the dismissal of Berry, Dunn, McNeil & Parker, LLC, effective November 3, 2025.
- Engagement of New Auditor: BDMP Assurance, LLP was engaged as the new independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Relationship: BDMP Assurance, LLP is owned by certain partners of the former firm, Berry, Dunn, McNeil & Parker, LLC.
Management Commentary and Risks
- Audit Opinions: Reports for fiscal years 2023 and 2024 contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
- Disagreements: No disagreements or "reportable events" occurred with the former auditor during the two most recent fiscal years or the subsequent interim period.
- Consultations: No consultations regarding accounting principles or audit opinions were made with the new auditor (BDMP Assurance, LLP) prior to this engagement.
Key Facts for Investor Verification
- Verify the content of the letter from Berry, Dunn, McNeil & Parker, LLC (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Confirm the regulatory standing and PCAOB registration of the new firm, BDMP Assurance, LLP.
- Monitor future filings for any changes in audit scope or accounting treatments following the transition.