Summary of BOWNE & CO INC - Yahoo! Finance

Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits

Item 4.01 Changes in Registrant's Certifying Accountant.

On June 15, 2009, the Audit Committee of the Board of Directors of Bowne & Co., Inc. ("Bowne") appointed Crowe Horwath LLP ("Crowe Horwath") to serve as Bowne's independent registered public accounting firm for the fiscal year ending December 31, 2009.

During Bowne's two most recent fiscal years ended December 31, 2008 and 2007, and the subsequent interim period ended June 15, 2009, neither Bowne nor anyone on its behalf consulted with Crowe Horwath regarding the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Bowne's financial statements, and neither a written report nor oral advice was provided that Crowe Horwath concluded was an important factor considered by Bowne in reaching a decision as to the accounting, auditing or financial reporting issue.

On June 15, 2009, the Audit Committee notified KPMG LLP that they no longer will be engaged as Bowne's independent registered public accounting firm effective as of that date. The audit reports of KPMG LLP on Bowne's consolidated financial statements for each of the two most recent fiscal years ended December 31, 2008 and 2007, did not contain any adverse opinion or disclaimer of opinion, nor were the reports qualified or modified as to uncertainty, audit scope, or accounting principles, except that the KPMG LLP audit report on the 2008 consolidated financial statements did contain an explanatory paragraph noting that Bowne adopted Statement of Financial Accounting Standards No. 157 "Fair Value Measurements," as of January 1, 2008 and Financial Accounting Standards Board Interpretation No. 48 "Accounting for Uncertainty in Income Taxes," as of January 1, 2007. The audit reports of KPMG LLP on the effectiveness of internal control over financial reporting as of December 31, 2008 and 2007 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

During Bowne's two most recent fiscal years ended December 31, 2008 and 2007, and the subsequent interim period through June 15, 2009, (i) there were no disagreements between Bowne and KPMG LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KPMG LLP, would have caused KPMG LLP to make reference to the subject matter of the disagreements in its report on the consolidated financial statements for such years, and (ii) there were no "reportable events" as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

Bowne provided KPMG LLP with a copy of the above disclosures. A copy of the letter from KPMG LLP addressed to the Securities and Exchange Commission stating that KPMG LLP agrees with the statements set forth in this Item 4.01 related to KPMG LLP is filed as Exhibit 16.1 to this Current Report on Form 8-K.