Furmanite 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 1, 2012
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: 972-699-4000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 4.01. Changes in Registrants Certifying Accountant.
(a) Dismissal of Independent Accountant Previously Engaged as Principal Accountant.
On June 1, 2012, Furmanite Corporation (the Company), at the direction of the Board of Directors (the Board) of the Company and upon the recommendation of the Audit Committee of the Board, dismissed Grant Thornton LLP (Grant Thornton) as the Companys independent registered public accounting firm, effective June 1, 2012.
During the years ended December 31, 2011 and 2010 and through the date of this Form 8-K, there were no (1) disagreements with Grant Thornton on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to its satisfaction would have caused Grant Thornton to make reference in its reports on the Companys consolidated financial statements for such years to the subject matter of the disagreement, or (2) reportable events, as such term is defined in Item 304(a)(1)(v) of Regulation S-K.
The audit reports of Grant Thornton on the consolidated financial statements of the Company, as of and for the years ended December 31, 2011 and 2010, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.
The Company has provided Grant Thornton with a copy of the disclosures in this Form 8-K prior to the date that these disclosures were filed with the Securities and Exchange Commission (the Commission). The Company requested that Grant Thornton furnish to the Company a letter addressed to the Commission stating whether it agrees with the statements made by the Company in response to Item 304(a) of Regulation S-K and, if not, stating the respects in which it does not agree. A copy of Grant Thorntons letter, dated June 5, 2012, indicating that it is in agreement with such disclosures is attached as Exhibit 16.1 hereto.
(b) Engagement of New Independent Accountant as Principal Accountant.
Effective June 1, 2012, the Companys Audit Committee of the Board approved the engagement of UHY LLP (UHY) as the Companys new independent registered public accounting firm to audit the Companys consolidated financial statements for the year ending December 31, 2012.
During the Companys two most recent fiscal years and the subsequent interim period preceding UHYs engagement, neither the Company nor anyone on behalf of the Company consulted with UHY regarding the application of accounting principles to any specific completed or contemplated transaction, or the type of audit opinion that might be rendered on the Companys financial statements, and UHY did not provide any written or oral advice that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue or any matter that was the subject of a disagreement or a reportable event, as such terms are defined in Item 304(a)(1) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.