Schedule C disclosure needed?

[bzorc]

Accounting firm merged with another accounting firm on November 1, 2015. Therefore, the auditor will be different for 12-31-15 audits than it was for 12-31-14.

Question is does this change in auditor, due to the merger of accounting firms, require the completion of Part III of the Schedule C, reporting the "termination" of the accounting firm.

Thanks for any replies.

[ESOP Guy]

Yes, we do it every time even though the person doing the audit (or at least the partner in charge) is the same in each year. The way we read the instructions at our firm says you have changed auditor since it the firm that signs the auditor's report not the person.

[BG5150]

Does anyone put the true reason some audit firms are fired:

"The guy was a moron."

"They had no idea what they were doing!"

They wanted to stop deferrals when people went over $265,000 in comp"

We usually put: Business or decision or firm merger.

[K2retire]

Does anyone put the true reason some audit firms are fired:

"The guy was a moron."

"They had no idea what they were doing!"

They wanted to stop deferrals when people went over $265,000 in comp"

We usually put: Business or decision or firm merger.

Based on our experience with one particular firm this, I'd love to use one of your quotes. I'll probably be over ruled, however. By the way, as a result of this firm's actions the client just filed their 5500 for the year ended 12/31/2014 today.

[bzorc]

I am both a TPA and an auditor. I don't know whether to smile or frown at BG's comment....