CACI International Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CACI International Inc. on September 5, 2002. The filing addresses a change in the company's independent certifying accountant for the fiscal year 2003 (July 1, 2002, through June 30, 2003).
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly procedural regarding the appointment of auditors and does not contain financial performance data.
Material Changes
- Termination of Auditor: The company decided not to engage Deloitte & Touche LLP as its independent accountant for fiscal year 2003.
- Appointment of New Auditor: The company decided to engage Ernst & Young LLP to serve as its independent accountant for fiscal year 2003.
- Decision Authority: Both decisions were made by a unanimous vote of the Audit Committee of the Board of Directors at a Special Meeting on August 28, 2002.
Outlook, Risks, and Contingencies
Audit History: The reports issued by Deloitte & Touche LLP for fiscal years 2001 and 2002 contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
Disagreements: The company reported no disagreements with Deloitte & Touche LLP during fiscal years 2001 or 2002, or since, regarding accounting principles, financial statement disclosure, or auditing scope.
Consultations: The company confirmed that it did not consult with Ernst & Young LLP regarding accounting principles, potential audit opinions, or reportable events prior to their engagement.
Key Facts for Investor Verification
- Verify the rationale for the auditor change in subsequent filings or press releases, as the 8-K cites no disagreements or reportable events.
- Confirm the transition timeline between Deloitte & Touche LLP and Ernst & Young LLP for the fiscal year 2003 audit.
- Review the attached Exhibit 99 for the formal response from Deloitte & Touche LLP regarding the change.