SEC Filing Summary: Astro-Med, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed on June 28, 2005, regarding events occurring on June 24, 2005. The registrant, Astro-Med, Inc., is a Rhode Island corporation headquartered in West Warwick, RI. The filing specifically addresses a change in the company's principal certifying accountant.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 4.01 (Changes in Registrant's Certifying Accountant) and does not contain financial statements or performance data.
Material Changes
- Accountant Change: On June 24, 2005, the Audit Committee approved the engagement of Grant Thornton LLP (GT) as the new principal accountant.
- Scope of Engagement: GT will audit the financial statements for the fiscal year ending January 31, 2006.
- Consultation History: The company confirmed that during the two most recent fiscal years (ended January 31, 2005 and 2004) or any subsequent interim period, it did not consult with GT regarding matters set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the standard disclosure regarding the change in auditors.
Key Facts for Investor Verification
- Verify the identity of the previous principal accountant to understand the context of the change.
- Confirm the effective date of the new engagement with Grant Thornton LLP (June 24, 2005).
- Review the upcoming fiscal year-end audit scope (ending January 31, 2006).
- Note that no consultations regarding accounting matters occurred with the new firm prior to engagement.