Business Context and Reporting Period
This Form 8-K Current Report was filed by Personalis, Inc. on June 6, 2023. The filing addresses a significant change in the company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the change of the external auditor.
Material Changes
- Dismissal of Auditor: On June 6, 2023, the Audit Committee dismissed Deloitte & Touche LLP as the independent registered public accounting firm.
- Engagement of New Auditor: On June 6, 2023, the Audit Committee approved the engagement of BDO USA, LLP for the fiscal year ending December 31, 2023. BDO was formally engaged on June 9, 2023.
- Audit History: Deloitte's audit reports for fiscal years 2021 and 2022 were unqualified and contained no adverse opinions or disclaimers.
- Disagreements: The company reported no disagreements with Deloitte regarding accounting principles, practices, or auditing scope during the relevant periods.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, outlook, or management commentary on business operations. It confirms that no reportable events occurred between the company and Deloitte prior to dismissal. The company also confirmed that no consultations regarding accounting principles or audit opinions were held with BDO prior to their formal engagement.
Investor Verification Checklist
- Verify the reasons for the auditor change by reviewing the letter from Deloitte & Touche LLP filed as Exhibit 16.1.
- Confirm the effective date of BDO USA, LLP's engagement (June 9, 2023) for the 2023 fiscal year audit.
- Review subsequent filings (e.g., 10-Q or 10-K) to assess if the auditor change impacts the timing or nature of future financial reporting.