Avnet Changes Independent Auditor
Ticker: AVT · Form: 8-K · Filed: Oct 3, 2025 · CIK: 8858
| Field | Detail |
|---|---|
| Company | Avnet INC (AVT) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: AVT
TL;DR
Avnet swapped auditors, moving from BDO USA to PwC.
AI Summary
Avnet, Inc. filed an 8-K on October 3, 2025, reporting a change in its certifying accountant as of September 30, 2025. The company has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm, replacing BDO USA, LLP.
Why It Matters
A change in a company's auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.
Risk Assessment
Risk Level: low — This filing reports a routine administrative change in the company's auditor, which typically carries low risk.
Key Players & Entities
- Avnet, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — New independent registered public accounting firm
- BDO USA, LLP (company) — Former independent registered public accounting firm
- September 30, 2025 (date) — Effective date of change in accountant
- October 3, 2025 (date) — Filing date of the 8-K
FAQ
Who is Avnet, Inc.'s new independent registered public accounting firm?
Avnet, Inc. has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm.
Who was Avnet, Inc.'s previous independent registered public accounting firm?
Avnet, Inc.'s previous independent registered public accounting firm was BDO USA, LLP.
As of what date was the change in Avnet's certifying accountant effective?
The change in Avnet's certifying accountant was effective as of September 30, 2025.
What type of SEC filing is this report?
This report is a Form 8-K, a Current Report.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on October 3, 2025.
Filing Stats: 885 words · 4 min read · ~3 pages · Grade level 14.2 · Accepted 2025-10-03 16:05:13
Key Financial Figures
- $1.00 — h registered: Common stock, par value $1.00 per share AVT NASDAQ Global Select
Filing Documents
- avt-20250930x8k.htm (8-K) — 46KB
- avt-20250930xex16d1.htm (EX-16.1) — 4KB
- 0000008858-25-000058.txt ( ) — 158KB
- avt-20250930.xsd (EX-101.SCH) — 3KB
- avt-20250930_lab.xml (EX-101.LAB) — 15KB
- avt-20250930_pre.xml (EX-101.PRE) — 10KB
- avt-20250930x8k_htm.xml (XML) — 5KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. On September 30, 2025, the Audit Committee of the Board of Directors of Avnet, Inc. (the "Company"), following careful deliberation, approved PricewaterhouseCoopers LLP as the Company's new independent registered public accounting firm, subject to completion of its standard client acceptance procedures. This decision resulted in the effective dismissal of KPMG LLP as the Company's independent registered public accounting firm. KPMG LLP was informed of this decision on September 30, 2025. KPMG LLP's audit reports on the Company's consolidated financial statements and financial statement schedule II of the Company and subsidiaries, and on the effectiveness of internal control over financial reporting, for the fiscal years ended June 28, 2025 and June 29, 2024, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. During the fiscal years ended June 28, 2025 and June 29, 2024, and the subsequent interim period through September 30, 2025, there were no: (i) "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions thereto) between the Company 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 disagreement in connection with their opinion or (ii) "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K and the related instructions thereto). In accordance with Item 304(a)(3) of Regulation S-K, the Company provided KPMG LLP with a copy of the disclosures it is making in this Current Report on Form 8-K and requested that KPMG LLP furnish a letter addressed to the Securities and Exchange Commission stating whether KPMG LLP agrees with the stat
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following materials are attached as exhibits to this Current Report on Form 8-K: Exhibit Number Description 16.1 Letter dated October 3, 2025 from KPMG LLP. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 3, 2025 AVNET, INC. By: /s/ Kenneth A. Jacobson Name: Kenneth A. Jacobson Title: Chief Financial Officer