Business Context and Reporting Period
Company: Campbell Soup Company
Filing Type: Form 8-K (Current Report)
Date of Report: March 2, 2006
Subject: Change in Registrant's Independent Registered Public Accounting Firm for employee Savings Plans.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is limited to administrative changes regarding the audit of employee benefit plans.
Material Changes
- Accounting Firm Change: Siegfried & Schieffer, LLC resigned as the independent registered public accounting firm for the Campbell Soup Company SavingsPlus Plan for Salaried Employees and the Savings Plus Plan for Hourly-Paid Employees (collectively, the "Savings Plans").
- New Appointment: On March 2, 2006, the Administrative Committee engaged Parente Randolph, LLC to audit the Savings Plans' financial statements for the year ended December 31, 2005.
- Previous Disclosure: The resignation of Siegfried & Schieffer, LLC was previously reported in a Form 8-K filed on November 16, 2005.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies related to the company's core business operations. The scope is strictly limited to the administrative appointment of an auditor for specific employee benefit plans.
Investor Verification Checklist
- Verify the effective date of the resignation of Siegfried & Schieffer, LLC (previously disclosed November 16, 2005).
- Confirm the engagement of Parente Randolph, LLC for the audit of the Savings Plans for the fiscal year ended December 31, 2005.
- Note that this change applies only to the Savings Plans and does not indicate a change in the company's primary independent auditor for consolidated financial statements.