SEC Filing Summary: CBRE Holding, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CBRE Holding, Inc., a Delaware corporation, with a report date of June 10, 2002. The filing addresses a material change in the company's independent auditing firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the external auditor.
Material Changes
- Change in Certifying Accountant: The Company has engaged Deloitte & Touche LLP as its new independent auditors, replacing Arthur Andersen LLP.
- Effective Dates: The relationship with Arthur Andersen ceased on April 23, 2002. The engagement of Deloitte & Touche became effective on June 10, 2002.
- Approval: The change was approved by the Board of Directors upon the recommendation of the Audit Committee.
- Scope: Deloitte & Touche will audit the financial statements for the fiscal year ending December 31, 2002.
- Consultations: During the two most recent fiscal years and the interim period through June 10, 2002, neither the Company nor its predecessor, CB Richard Ellis Services, Inc., consulted with Deloitte & Touche regarding matters set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding business operations. The primary risk disclosed is the transition of the independent auditor, necessitated by the cessation of the relationship with Arthur Andersen.
Key Facts for Investor Verification
- Verify the effective date of the new auditor engagement (June 10, 2002).
- Confirm that no consultations occurred with the new auditor regarding accounting treatments or audit disagreements prior to engagement.
- Review the prior 8-K filed on April 25, 2002, for details regarding the termination of the relationship with Arthur Andersen.
- Monitor the upcoming audit for the fiscal year ending December 31, 2002, to be conducted by Deloitte & Touche.