Business Context and Reporting Period
This Form 8-K is a current report filed by Access Integrated Technologies, Inc. (not Cineverse Corp.) on September 9, 2004. The filing discloses a change in the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of auditors.
Material Changes
- Accountant Change: On September 9, 2004, the Audit Committee dismissed PricewaterhouseCoopers LLP (PwC) and engaged Eisner LLP as the new independent registered public accounting firm.
- Audit History: PwC's audit reports for the fiscal years ended March 31, 2003, and March 31, 2004, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
- Disagreements: There were no disagreements between the Company and PwC on accounting principles, practices, or auditing scope during the relevant periods.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future operations. It confirms that no reportable events under Item 304(a)(1)(iv)(B) of Regulation S-B occurred. Additionally, the Company has not consulted with the new auditor, Eisner LLP, on any matters involving accounting principles or audit opinions prior to their engagement.
Investor Verification Checklist
- Verify the reason for dismissing PricewaterhouseCoopers LLP, as the filing states no disagreements occurred.
- Review the letter from PricewaterhouseCoopers LLP (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Confirm the transition timeline and scope of work for the new auditor, Eisner LLP.
- Check subsequent filings for any restatements or qualifications in the financial statements for the fiscal years ended March 31, 2003, and 2004.