Business Context and Reporting Period
This Form 8-K Current Report was filed by Information Services Group, Inc. on January 9, 2008, covering events that occurred on January 8, 2008. The company is incorporated in Delaware and maintains its principal executive offices in Stamford, Connecticut.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The report focuses exclusively on corporate governance and administrative changes.
Material Changes
- Change in Certifying Accountant: On January 8, 2008, the company dismissed Rothstein, Kass & Company, P.C. as its independent registered public accounting firm. The previous audit for the fiscal year ended December 31, 2006, contained no adverse opinions, disclaimers, or qualifications.
- Engagement of New Auditor: Effective January 8, 2008, PricewaterhouseCoopers LLP (PwC) was engaged to audit the financial statements for the fiscal year ending December 31, 2007.
- Bylaw Amendment: The Board of Directors adopted an amendment to the company's bylaws to permit uncertificated shares, effective immediately.
Management Commentary and Risks
The Audit Committee and Board of Directors approved the change in accounting firms. The company reported no disagreements with the former auditor regarding accounting principles, financial statement disclosure, or auditing scope. No reportable events were identified during the audit period. The company has granted the former auditor permission to respond fully to inquiries from the successor auditor.
Investor Verification Checklist
- Verify the reasons for dismissing Rothstein, Kass & Company, P.C., as they are not explicitly detailed beyond the standard regulatory disclosure.
- Confirm the transition timeline and scope of work for the new auditor, PricewaterhouseCoopers LLP.
- Review the attached Amended and Restated By-Laws (Exhibit 3.2) to understand the implications of permitting uncertificated shares.
- Check for any subsequent filings regarding the company's financial performance for the fiscal year ending December 31, 2007.