Auditor changes (Item 4.01), last 12 months (Auditor changes)
Current reports filed under Item 4.01, Changes in Registrant's Certifying Accountant, in the twelve months to the last read of the company's filing index.
An auditor that resigns or is dismissed is one of the few warnings a set of accounts cannot show by itself.
How it is computed here
Measured over the trailing twelve months. Current reports filed in the twelve months to the last read of the company's EDGAR filing index. Filed under health. Lower is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Counted only when the filing index was read in the last eight days and reaches back twelve months; otherwise n/a, never zero.
Questions
How is auditor changes (item 4.01), last 12 months calculated?
Measured over the trailing twelve months. Current reports filed in the twelve months to the last read of the company's EDGAR filing index.
What does auditor changes (item 4.01), last 12 months tell a value investor?
An auditor that resigns or is dismissed is one of the few warnings a set of accounts cannot show by itself.
When does auditor changes (item 4.01), last 12 months mislead?
Counted only when the filing index was read in the last eight days and reaches back twelve months; otherwise n/a, never zero.