Business Context and Reporting Period
Company: Redwood Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 24, 2005
Reporting Period: The filing addresses a specific corporate governance event effective June 24, 2005, rather than a financial reporting period.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change reported is the replacement of the Company's independent registered public accounting firm.
- New Auditor: Grant Thornton LLP was engaged effective June 24, 2005.
- Scope: Grant Thornton LLP will audit financial statements for the fiscal year ending December 31, 2005.
- Prior Engagement: The Company confirms no consultations with Grant Thornton LLP regarding accounting principles or disagreements occurred during fiscal years 2003, 2004, or the period from January 1, 2005, through June 24, 2005.
Guidance, Outlook, and Risks
The filing contains no management guidance, future outlook, risk factors, contingencies, or discussion of unusual items. The document is strictly a notification of the change in certifying accountant.
Investor Verification Checklist
- Verify the identity of the previous independent auditor to understand the context of the change.
- Review the Company's subsequent filings (e.g., 10-K or 10-Q) to confirm the completion of the audit by Grant Thornton LLP for the fiscal year ending December 31, 2005.
- Check for any related press releases or proxy statements that may provide additional rationale for the auditor change not detailed in this 8-K.