Business Context and Reporting Period
Company: AVIAT NETWORKS, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: September 18, 2012
Reporting Period: The filing reports on a specific corporate governance event occurring on September 6, 2012, with an effective date of September 18, 2012.
Key Financial Metrics
This filing does not contain financial performance data. The document does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change reported is the replacement of the Company's independent registered public accounting firm.
- New Auditor: KPMG LLP was approved by the Audit Committee on September 6, 2012.
- Effective Date: The engagement became effective on September 18, 2012.
- Scope: KPMG LLP is engaged for the fiscal year ending June 28, 2013.
Guidance, Outlook, and Risks
Consultation History: The Company confirmed that during the two most recent fiscal years (ended July 1, 2011, and June 29, 2012) and the subsequent interim period, neither the Company nor its representatives consulted KPMG LLP regarding:
- The application of accounting principles to specified transactions.
- The type of audit opinion that might be rendered.
- Any matters that were subjects of disagreement or "reportable events."
Outlook: No financial guidance or management commentary regarding future business 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 Company's subsequent filings (e.g., 10-K or 10-Q) to confirm the audit opinion issued by KPMG LLP for the fiscal year ending June 28, 2013.
- Confirm that no undisclosed disagreements or reportable events existed with the prior auditor that may have influenced the decision to switch firms.