Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  New York & Company, Inc.    NWY

Delayed Quote. Delayed  - 05/05 10:02:01 pm
3.63 USD   -1.36%
05/05 KINGS PLAZA :
03/17 NEW YORK MPANY : Announces Increased Sales and Profitability for the..
03/14NEW YORK & COMP : annual earnings release
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

NEW YORK & COMPANY, INC. : Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/05/2016 | 10:24pm CEST

Item 4.01 Change of Independent Registered Public Accounting Firm

(a) Dismissal of Independent Registered Public Accounting Firm

On May 3, 2016, New York & Company, Inc. (the "Company") dismissed Ernst & Young LLP as its independent registered public accounting firm (after approval of the Company's board of directors, as recommended by the Company's audit committee). Such dismissal shall be effective immediately following the filing of the Company's Quarterly Report on Form 10-Q for the three months ended April 30, 2016.

Ernst & Young LLP's reports on the Company's consolidated financial statements as of and for the fiscal years ended January 30, 2016 and January 31, 2015 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 Company's two most recent fiscal years ended January 30, 2016 and January 31, 2015 and the subsequent interim period through May 5, 2016, (i) there were no disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-K, between the Company and Ernst & Young LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, any of which that, if not resolved to Ernst & Young LLP's satisfaction, would have caused Ernst & Young LLP to make reference to the subject matter of any such disagreement in connection with its reports for such years and interim period, and (ii) there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K.

The Company provided Ernst & Young LLP with a copy of the above disclosures and requested that Ernst & Young LLP furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. A copy of Ernst & Young LLP's letter dated May 5, 2016 is filed as Exhibit 16.1 to this Current Report on Form 8-K.



(b)     Newly Engaged Independent Registered Public Accounting Firm


On May 3, 2016, the Company engaged BDO USA, LLP as the Company's new independent registered public accounting firm for the fiscal year ending January 28, 2017 (after approval of the Company's board of directors, as recommended by the Company's audit committee). This engagement is effective immediately following the filing of the Company's Quarterly Report on Form 10-Q for the three months ended April 30, 2016.

During the Company's two most recent fiscal years ended January 30, 2016 and January 31, 2015 and the subsequent interim period through May 5, 2016, neither the Company nor anyone on its behalf has consulted with BDO USA, LLP regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that BDO USA, LLP concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits



(d)  Exhibits.


16.1 Letter from Ernst & Young LLP addressed to the Securities and Exchange Commission dated May 5, 2016




                                       2

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on NEW YORK & COMPANY, INC.
05/05 NEW YORK & COMPANY, INC. : Changes in Registrant's Certifying Accountant, Financ..
05/05 KINGS PLAZA :
03/24 NEW YORK MPANY : Announces Increased Sales and Profitability for the 2015 Fourth..
03/18 NEW YORK & COMPANY, INC. : Three Stocks To Watch Friday Afternoon 3/18/2016
03/17 NEW YORK MPANY : & COMPANY, INC. : Results of Operations and Financial Condition..
03/17 NEW YORK MPANY : Announces Increased Sales and Profitability for the 2015 Fourth..
03/14NEW YORK & COMPANY, INC. : annual earnings release
03/10 NEW YORK MPANY : Announces Date of Conference Call and Webcast for Fourth Quarte..
02/25 NEW YORK MPANY : Montclair-area religious listings
02/18 NEW YORK MPANY : Montclair-area religious listings, feb. 18
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials