Item 4.01 Change in Registrant's Certifying Accountant.
a) Previous Independent Registered Public Accounting Firm.
On February 27, 2009, upon recommendation and approval of the Chairman of the
Audit Committee of the Board of Directors of RTI International Metals, Inc. (the
"RTI"), RMI Titanium Company ("RMI"), a wholly-owned subsidiary of RTI and the
administrator under each of the RTI International Metals, Inc. Employee Savings
and Investment Plan, the RMI Titanium Company Employee Savings and Investment
Plan, and the RMI Titanium Company Bargaining Unit Employee Savings and
Investment Plan (collectively, the "Plans"), dismissed Beard Miller Company LLP
("Beard Miller") as the Plans' independent registered public accounting firm.
The reports of Beard Miller on the Plans' financial statements for the fiscal
years ended December 31, 2007 and 2006 did not contain any adverse opinions or
disclaimers of opinion, and were not qualified or modified as to uncertainty,
audit scope, or accounting principles.
During the recent fiscal years ending December 31, 2006 and December 31, 2007
and the subsequent period through February 27, 2009, there have been no
(i) disagreements with Beard Miller on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to Beard Miller's satisfaction, would have caused
Beard Miller to make reference to the subject matter of the disagreement(s) in
connection with its reports; or (ii) "reportable events" as defined in
Item 304(a)(1)(v) of Regulation S-K.
The Company has provided Beard Miller with a copy of the above disclosures and
requested that Beard Miller furnish the Company with a letter addressed to the
Securities and Exchange Commission stating whether or not it agrees with the
above statement. A copy of Beard Miller's letter, dated March, 2, 2009 is filed
as Exhibit 16 to this Current Report on Form 8-K.
b) New Independent Registered Public Accounting Firm.
On February 27, 2009, upon recommendation and approval of the Chairman of the
Audit Committee of the Board of Directors of RTI, RMI, as administrator of the
Plans, engaged Ciuni & Panichi, Inc. ("Ciuni & Panichi") as the independent
registered accounting firm to audit the Plans' financial statements, beginning
on February 27, 2009. During the recent fiscal years ending December 31, 2006
and December 31, 2007, and the subsequent interim period prior to the engagement
of Ciuni & Panichi, the Plans have not consulted Ciuni & Panichi regarding
(i) the application of accounting principles to any specified transaction,
either completed or proposed, (ii) the type of audit opinion that might be
rendered on the Plans' financial statements, or (iii) any matter that was either
the subject of a disagreement (as defined in Item 304(a)(1)(v)) or a reportable
event (as defined in Item 304(a)(1)(v)).
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are being filed pursuant to Item 601 of
Regulation S-K and General Instruction B2 to this Form 8-K:
Exhibit No. Description
16 Letter of Beard Miller Company LLP, dated March 2, 2009