Enviri Corp Appoints PricewaterhouseCoopers as New Auditor
Ticker: NVRI · Form: 8-K · Filed: Nov 29, 2024 · CIK: 45876
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
ENVIRI swapped auditors from Deloitte to PwC on 11/22/24.
AI Summary
Enviri Corporation (formerly HARSCO CORP) announced a change in its certifying accountant on November 22, 2024. The company has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm, replacing Deloitte & Touche LLP. This change was approved by the Audit Committee of the Board of Directors.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: low — This filing pertains to a routine change of auditors and does not involve significant financial or operational changes.
Key Players & Entities
- Enviri Corporation (company) — Registrant
- HARSCO CORP (company) — Former Company Name
- PricewaterhouseCoopers LLP (company) — New Certifying Accountant
- Deloitte & Touche LLP (company) — Former Certifying Accountant
- November 22, 2024 (date) — Date of Earliest Event Reported
FAQ
Who is Enviri Corporation's new independent registered public accounting firm?
Enviri Corporation has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm.
Who was Enviri Corporation's previous independent registered public accounting firm?
Enviri Corporation's previous independent registered public accounting firm was Deloitte & Touche LLP.
When was the change in certifying accountant reported?
The change in certifying accountant was reported as of November 22, 2024.
Who approved the change in auditors?
The change in auditors was approved by the Audit Committee of the Board of Directors.
What is Enviri Corporation's former name?
Enviri Corporation's former name was HARSCO CORP.
Filing Stats: 894 words · 4 min read · ~3 pages · Grade level 13.5 · Accepted 2024-11-29 08:00:28
Key Financial Figures
- $1.25 — ich registered Common Stock, par value $1.25 per share NVRI New York Stock Exchange
Filing Documents
- hsc-20241122.htm (8-K) — 39KB
- exhibit161letterfrompwctot.htm (EX-16.1) — 3KB
- pwcletterhead.jpg (GRAPHIC) — 3KB
- 0000045876-24-000074.txt ( ) — 169KB
- hsc-20241122.xsd (EX-101.SCH) — 2KB
- hsc-20241122_lab.xml (EX-101.LAB) — 21KB
- hsc-20241122_pre.xml (EX-101.PRE) — 12KB
- hsc-20241122_htm.xml (XML) — 3KB
01. Changes in Registrant's Certifying Accountant
Item 4.01. Changes in Registrant's Certifying Accountant. The Audit Committee of the Board of Directors (the "Audit Committee") of Enviri Corporation (the "Company") authorized management to initiate a strategic request-for-proposal process soliciting proposals from accounting firms to provide audit services to the Company as its independent registered public accounting firm for the fiscal year ending December 31, 2025. The objective of this process is to practice good corporate governance with respect to the retention of the Company's independent registered public accounting firm as outlined in the Company's audit committee charter, including on-going evaluation of the firm's qualifications, independence, and renumeration. Management requested proposals from several independent registered public accounting firms, including PricewaterhouseCoopers LLP ("PwC"), the Company's current independent registered public accounting firm, in the process. On November 22, 2024, PwC notified the Audit Committee that it would not be able to meet the Company's economic expectations and, therefore, had decided not to participate in the request-for-proposal process and to decline to stand for re-election as the Company's independent registered public accounting firm for fiscal year 2025. PwC's decision was not the result of any disagreement with the Company on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. Unless PwC and the Audit Committee of the Board agree otherwise, PwC will cease providing services to the Company following the filing of its Annual Report on Form 10-K for the year ending December 31, 2024. The reports of PwC on the Company's consolidated financial statements for the fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended Decem
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . (d) Exhibits Exhibit No. Description 16.1 Letter from PwC to the U.S. Securities and Exchange Commission dated November 29, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL). SIGNATURE 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. ENVIRI CORPORATION Date: November 29, 2024 /s/ Russell C. Hochman Russell C. Hochman Senior Vice President and General Counsel, Chief Compliance Officer & Corporate Secretary