Business Context and Reporting Period
This Form 8-K is filed by Command Center, Inc. (not Hirequest, Inc.) on June 19, 2012. The report addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of auditors.
Material Changes
- Dismissal of Previous Accountant: On June 19, 2012, the Board of Directors dismissed MartinelliMick PLLC as the independent registered public accounting firm.
- Appointment of New Accountant: On June 19, 2012, the Board appointed PMB Helin Donovan as the new independent registered public accounting firm.
- Audit History: Reports for fiscal years ending December 30, 2011, and December 31, 2010, did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: The company reported no disagreements with the former accountant on accounting principles, practices, or auditing scope during the two most recent fiscal years.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. The primary risk disclosed is the transition of the audit firm. The company noted that a responsive letter from the former accountant (MartinelliMick PLLC) regarding the dismissal statements had not yet been received but would be filed upon receipt.
Investor Verification Checklist
- Verify the receipt and content of the responsive letter from MartinelliMick PLLC regarding the dismissal.
- Confirm the engagement terms and scope of the new auditor, PMB Helin Donovan.
- Review the upcoming financial statements prepared under the new auditor for any restatements or changes in accounting treatment.
- Investigate the rationale behind the auditor change, as the filing does not explicitly state the reason for dismissal.