Business Context and Reporting Period
This Form 8-K Current Report is filed by Bridgford Foods Corporation on January 27, 2005. The report discloses a change in the company's independent registered public accounting firm. The filing relates to the fiscal year ended October 29, 2004, and the subsequent interim period through January 27, 2005.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of the external auditor.
Material Changes
- Dismissal of Previous Auditor: PricewaterhouseCoopers LLP was dismissed as the independent registered public accounting firm. The dismissal was approved by the Audit Committee and Board of Directors on December 13, 2004, and became effective on January 27, 2005, upon completion of the audit for the fiscal year ended October 29, 2004.
- Appointment of New Auditor: Haskell & White LLP was appointed as the new independent registered public accounting firm effective December 13, 2004, for the fiscal year beginning October 30, 2004.
- Audit Opinions: The reports issued by PricewaterhouseCoopers LLP for the years ended October 29, 2004, and October 31, 2003, were unqualified. They did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: The company reported no disagreements with PricewaterhouseCoopers LLP regarding accounting principles, practices, financial statement disclosures, or auditing scope/procedures during the relevant periods.
- Reportable Events: No reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K) occurred during the relevant periods.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of future risks. The only contingency noted is the transition of audit responsibilities, which was executed without reported conflict. A letter from PricewaterhouseCoopers LLP regarding the change is attached as Exhibit 16.1.
Investor Verification Checklist
- Verify the content of the letter from PricewaterhouseCoopers LLP (Exhibit 16.1) to confirm their stance on the dismissal.
- Review the upcoming financial statements audited by Haskell & White LLP for the fiscal year ending October 28, 2005.
- Confirm that no undisclosed disagreements or reportable events exist between the company and the former auditor.