Hanmi Financial Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Hanmi Financial Corporation on April 26, 2001. The report addresses a change in the company's independent certifying accountant.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on the change of accounting firm.
Material Changes
- Termination of Prior Accountant: The company terminated its relationship with Deloitte & Touche, LLP, as previously reported on April 18, 2001.
- Engagement of New Accountant: Effective April 26, 2001, KPMG LLP was engaged as the principal accountant for the 2001 fiscal year.
Guidance, Outlook, and Risks
The filing states that during the years ended December 31, 2000, 1999, and 1998, and through the date of the report, the company did not consult with KPMG regarding:
- The application of accounting principles to specified transactions or the type of audit opinion that might be rendered.
- Any matter that was the subject of a disagreement or a "reportable event" as defined in Regulation S-K.
Investor Verification Checklist
- Verify the specific reasons for terminating Deloitte & Touche, LLP, which were detailed in the April 18, 2001, Form 8-K.
- Confirm the scope of the initial audit engagement with KPMG LLP for the 2001 fiscal year.
- Review the most recent audited financial statements prepared by Deloitte & Touche, LLP to assess historical financial health.