Maximus Changes Independent Auditors
Ticker: MMS · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1032220
| Field | Detail |
|---|---|
| Company | Maximus, Inc. (MMS) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
MAXIMUS SWAPPED AUDITORS FROM BDO TO PWC EFFECTIVE 11/25/24
AI Summary
Maximus, Inc. filed an 8-K on December 2, 2024, reporting a change in its certifying accountant. The company's previous independent registered public accounting firm was BDO USA, LLP. The change was effective November 25, 2024, and the company has engaged PricewaterhouseCoopers LLP as its new independent registered public accounting firm.
Why It Matters
A change in a company's auditor can sometimes signal underlying concerns about financial reporting or internal controls, though it can also be a routine business decision.
Risk Assessment
Risk Level: low — This filing reports a change in the company's independent auditor, which is a routine administrative event and does not inherently indicate financial distress or significant operational changes.
Key Players & Entities
- MAXIMUS, INC. (company) — Registrant
- BDO USA, LLP (company) — Former certifying accountant
- PricewaterhouseCoopers LLP (company) — New certifying accountant
- November 25, 2024 (date) — Effective date of change
- December 2, 2024 (date) — Filing date
FAQ
Who was Maximus, Inc.'s previous independent registered public accounting firm?
Maximus, Inc.'s previous independent registered public accounting firm was BDO USA, LLP.
Who is Maximus, Inc.'s new independent registered public accounting firm?
Maximus, Inc. has engaged PricewaterhouseCoopers LLP as its new independent registered public accounting firm.
When was the change in certifying accountant effective?
The change in certifying accountant was effective November 25, 2024.
What is the filing date of this 8-K report?
This Form 8-K report was filed on December 2, 2024.
What is the state of incorporation for Maximus, Inc.?
Maximus, Inc. is incorporated in Virginia.
Filing Stats: 723 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-12-02 16:19:52
Filing Documents
- mms-20241125.htm (8-K) — 31KB
- mms-2024x11x26x8k_ex161.htm (EX-16.1) — 3KB
- mms-20241125_g1.jpg (GRAPHIC) — 23KB
- 0001032220-24-000099.txt ( ) — 202KB
- mms-20241125.xsd (EX-101.SCH) — 2KB
- mms-20241125_lab.xml (EX-101.LAB) — 21KB
- mms-20241125_pre.xml (EX-101.PRE) — 12KB
- mms-20241125_htm.xml (XML) — 3KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. On November 25, 2024, after the completion of a competitive selection process, the Audit Committee (the "Committee") of the Board of Directors of Maximus, Inc. (the "Company") approved (i) the dismissal of Ernst & Young LLP ("EY"), the Company's current independent registered public accounting firm, effective as of the date hereof, and (ii) the engagement of KPMG LLP ("KPMG") to serve as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2025, subject to the execution of an engagement letter and completion of KPMG's standard client acceptance procedures. The audit reports of EY on the Company's consolidated financial statements as of and for the fiscal years ended September 30, 2024 and September 30, 2023, 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 fiscal years ended September 30, 2024 and September 30, 2023, and the subsequent period through November 26, 2024, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K) between the Company and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, and there were no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K). During the fiscal years ended September 30, 2024 and September 30, 2023, as well as the subsequent period through November 26, 2024, neither the Company nor anyone on the Company's behalf consulted KPMG regarding any of the matters referred to in Item 304(a)(2)(i) or (ii) of Regulation S-K. The Company provided EY with a copy of the disclosure contained in this section of this Current Report on Form 8-K and requested that EY furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the foregoing d
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 16.1 Letter dated December 2, 2024 from Ernst & Young LLP to the U.S. Securities and Exchange Commission. 104 Cover Page Interactive Data File, formatted in Inline XBRL. 2
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. Maximus, Inc. (Registrant) Date: December 2, 2024 /s/ John T. Martinez John T. Martinez Chief Legal Officer and Secretary 3