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C14-6 Change in Auditors and Form 8-K [CMA Adapted] L0 14-3 Communication Jerford Company is a well-known manufacturing company with several wholly owned subsidiaries.

C14-6 Change in Auditors and Form 8-K [CMA Adapted]\ L0

14-3

\ Communication\ Jerford Company is a well-known manufacturing company with several wholly owned subsidiaries. The company's stock is traded on the New York Stock Exchange\ and the company files all appropriate reports with the SEC. Jerford's financial statements are audited by a public accounting firm. Jerford changed independent\ auditors during 20X6. Consequently, the financial statements were certified by a different public accounting firm in 20X6 than in 20X5.\ Required\ What information is Jerford responsible for filing with the SEC with respect to this change in auditors? Explain your answer completely. (Hint: Item 304 of\ Regulation S-K provides guidance on reporting a change in auditor:)\ Identify a company that has made a change in its auditor during the last two years. Summarize the reason(s) for the change and the major items reported in its\ Form 8-K regarding the change, and then compare those items with the requirements listed in Item 304 of Regulation S-K.\ \ \ \ \ \

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C14-6 Change in Auditors and Form 8-K [CMA Adapted] Communication Jerford Company is a well-known manufacturing company with several wholly owned subsidiaries. The company's stock is traded on the New York Stock Exchange and the company files all appropriate reports with the SEC. Jerford's financial statements are audited by a public accounting firm. Jerford changed independen auditors during 20X6. Consequently, the financial statements were certified by a different public accounting firm in 20X6 than in 20X5. Required What information is Jerford responsible for filing with the SEC with respect to this change in auditors? Explain your answer completely. (Hint: Item 304o Regulation S-K provides guidance on reporting a change in auditor:) Identify a company that has made a change in its auditor during the last two years. Summarize the reason(s) for the change and the major items reported in it Form 8-K regarding the change, and then compare those items with the requirements listed in Item 304 of Regulation S-K

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