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| BIO > SEC Filings for BIO > Form 8-K on 12-Jun-2009 | All Recent SEC Filings |
12-Jun-2009
Changes in Registrant's Certifying Accountant, Financial Statements and
(a) Dismissal of Deloitte & Touche LLP
On June 10, 2009, we dismissed Deloitte & Touche LLP, or D&T, as our independent registered public accounting firm based on the recommendation and authorization of the audit committee of our board of directors.
D&T's audit reports on our consolidated financial statements for the fiscal years ended December 31, 2008 and December 31, 2007 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended December 31, 2008 and December 31, 2007, the
review of our consolidated financial statements for the quarterly period ended
March 31, 2009, and the subsequent interim period through June 10, 2009, (i)
there were no disagreements with D&T on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures,
which disagreements if not resolved to D&T's satisfaction would have caused D&T
to make reference to the subject matter of the disagreement in connection with
their reports and (ii) there were no reportable events as defined in Item
304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission, or
SEC.
We provided D&T with a copy of the disclosure contained in this Form 8-K and requested that D&T furnish us with a letter addressed to the SEC stating whether it agrees with the above statements. D&T's letter, dated June 12, 2009, is filed as Exhibit 16.1 to this Form 8-K.
(b) Engagement of Ernst & Young LLP
On June 10, 2009, we engaged Ernst & Young LLP, or Ernst & Young, as our independent registered public accounting firm for our fiscal year ending December 31, 2009 based on the recommendation and authorization of the audit committee of our board of directors.
In deciding to engage Ernst & Young, the Audit Committee reviewed auditor independence and existing commercial relationships with Ernst & Young, and concluded that Ernst & Young has no commercial relationship with us that would impair its independence.
During the fiscal years ended December 31, 2008 and December 31, 2007, respectively, and in the subsequent interim period through June 10, 2009, neither we nor anyone acting on our behalf has consulted with Ernst & Young on any of the matters or events set forth in Item 304(a)(2) of Regulation S-K.
(d) Exhibits
The following exhibits are filed with the Form 8-K:
Exhibit
Number Description
16.1 Letter from Deloitte & Touche LLP regarding change in
certifying accountant.
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