Business Context and Reporting Period
Company: Willamette Valley Vineyards, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 3, 2025
Reporting Period: The filing addresses events occurring on June 3, 2025, regarding the change of the Company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data. There are no disclosures regarding revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
Change in Certifying Accountant:
- Resignation: Moss Adams LLP resigned as the Company's independent registered public accounting firm effective June 3, 2025.
- Reason: Moss Adams LLP merged with Baker Tilly US, LLP, with the combined audit practices operating as Baker Tilly.
- Appointment: The Audit Committee approved the appointment of Baker Tilly as the successor independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Historical Context: Moss Adams was originally appointed in 2004 and reappointed in 2023. Their audit reports for the years ended December 31, 2024, and 2023, were unqualified and did not contain adverse opinions, disclaimers, or modifications regarding uncertainty, scope, or accounting principles.
Guidance, Outlook, and Risks
Disagreements and Reportable Events:
- During the years ended December 31, 2024 and 2023, and the interim period through June 3, 2025, there were no disagreements between the Company and Moss Adams on accounting principles, practices, financial statement disclosure, or auditing scope/procedures.
- There were no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K during the same periods.
- Neither the Company nor any person acting on its behalf consulted Baker Tilly regarding the application of accounting principles to specified transactions, the type of audit opinion that might be rendered, or any matters that were subjects of disagreement or reportable events prior to this appointment.
Investor Verification Checklist
- Verify the effective date of the merger between Moss Adams LLP and Baker Tilly US, LLP (June 3, 2025).
- Confirm the Audit Committee's formal approval of Baker Tilly for the fiscal year ending December 31, 2025.
- Review the letter from Moss Adams LLP (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the change in accountant.
- Check future filings (e.g., 10-K, 10-Q) for the first financial statements audited by Baker Tilly to ensure continuity in audit quality and opinion.