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| DCT > SEC Filings for DCT > Form 8-K on 12-Aug-2008 | All Recent SEC Filings |
12-Aug-2008
Changes in Registrant's Certifying Accountant, Financial Statements and
On August 8, 2008 DCT Industrial Trust Inc. (the "Company") dismissed KPMG LLP ("KPMG") as its independent registered public accounting firm. The decision to change the Company's principal accountants was made by the Audit Committee (the "Audit Committee") of the Company's Board of Directors (the "Board"). On August 12, 2008, the Audit Committee engaged Ernst & Young LLP ("E&Y") as the Company's new independent registered public accounting firm for the year ending December 31, 2008.
The audit reports of KPMG on the consolidated financial statements of the Company for the years ended December 31, 2007 and 2006 and on the effectiveness of the Company's internal control over financial reporting as of December 31, 2007 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the two fiscal years ended December 31, 2007, and the subsequent interim period through August 8, 2008, (i) there were no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to KPMG's satisfaction, would have caused KPMG to make reference to the subject matter of the disagreements in its audit reports on the consolidated financial statements of the Company, (ii) there were no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K and (iii) the Company did not consult with E&Y regarding the application of accounting principles to any completed or proposed transaction or the type of audit opinion that might be rendered on the Company's consolidated financial statements.
The Company has requested and received from KPMG a letter, dated August 11, 2008, addressed to the Securities and Exchange Commission stating whether or not KPMG agrees with the above statements. A copy of this letter is attached hereto as Exhibit 16.1 to this Form 8-K.
(d) Exhibits-See Exhibit Index following signature page.
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