Item 4.01. Changes in Registrant's Certifying Accountant.
On December 7, 2022, STRATTEC SECURITY CORPORATION (the "Company") dismissed
Crowe LLP as its independent public accountants and appointed Deloitte & Touche
LLP as its new independent public accountants. The decision to dismiss
Crowe and to retain Deloitte & Touche was approved by the Company's Audit
Committee on December 7, 2022.
Crowe's reports on the Company's consolidated financial statements for each of
the fiscal years ended July 3, 2022 and June 27, 2021 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 Company's two most recent fiscal years and through December 7, 2022,
there were no disagreements with Crowe on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which,
if not resolved to Crowe's satisfaction, would have caused them to make
reference to the subject matter in connection with their report on the Company's
consolidated financial statements for such years; and there were no reportable
events, as listed in Item 304(a)(1)(v) of SEC Regulation S-K.
The Company has provided Crowe with a copy of the foregoing disclosures and has
requested that Crowe review such disclosures and provide a letter addressed to
the Securities and Exchange Commission as specified by Item 304(a)(3) of
Regulation S-K. A copy of Crowe's letter to the Securities and Exchange
Commission is attached to this report as Exhibit 16.1.
During the fiscal years ended July 3, 2022 and June 27, 2021, and the subsequent
interim period through December 7, 2022, the Company did not consult with
Deloitte & Touche LLP regarding any of the matters or events set forth in Item
304(a)(2)(i) and (ii) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
16.1 -- Letter of Crowe LLP dated December 12, 2022 concerning
change in the registrant's certifying accountant.
104 - Cover Page Interactive Data File (embedded within the Inline
XBRL document).
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