Business Context and Reporting Period
This Form 8-K was filed by BIO-RAD LABORATORIES, INC. on October 8, 2013. The report discloses a corporate governance event regarding the appointment of a new independent registered public accounting firm for the fiscal year ending December 31, 2013.
Key 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 the disclosure of an auditor change and contains no financial performance data.
Material Changes
The primary material change reported is the engagement of KPMG LLP as the Company's independent registered public accounting firm, effective October 8, 2013. This decision was based on the recommendation and authorization of the Audit Committee of the Board of Directors.
Guidance, Outlook, and Risks
- Consultation History: The Company confirmed it did not consult KPMG LLP during its two most recent fiscal years or the subsequent interim period regarding matters set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
- Outlook: No financial guidance or management commentary regarding future performance is included in this filing.
Investor Verification Checklist
- Verify the identity of the previous independent registered public accounting firm to understand the context of the change.
- Review the Audit Committee's rationale for selecting KPMG LLP, if disclosed in other communications.
- Confirm the effective date of the new auditor's engagement for the 2013 fiscal year.