RXO, Inc. Appoints New Auditor

TL;DR

RXO swapped auditors from BDO USA to PwC, effective April 2, 2024.

AI Summary

RXO, Inc. announced on April 2, 2024, that it has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm, replacing BDO USA, LLP. This change is effective immediately.

Why It Matters

Changing auditors can sometimes signal a shift in financial reporting scrutiny or a desire for a fresh perspective on the company's financial health.

Risk Assessment

Risk Level: low — The filing is a routine change of auditor, which typically carries low inherent risk.

Key Players & Entities

• RXO, Inc. (company) — Registrant
• PricewaterhouseCoopers LLP (company) — New independent registered public accounting firm
• BDO USA, LLP (company) — Former independent registered public accounting firm
• April 2, 2024 (date) — Effective date of auditor change

FAQ

Key Financial Figures

• $0.01 — h registered Common stock, par value $0.01 per share RXO New York Stock Exchange

Filing Documents

• rxo-20240402.htm (8-K) — 33KB
• kpmgletter-item401.htm (EX-16.1) — 3KB
• 0001929561-24-000055.txt ( ) — 158KB
• rxo-20240402.xsd (EX-101.SCH) — 2KB
• rxo-20240402_lab.xml (EX-101.LAB) — 21KB
• rxo-20240402_pre.xml (EX-101.PRE) — 12KB
• rxo-20240402_htm.xml (XML) — 3KB

01. Changes in Registrant's Certifying Accountant

Item 4.01. Changes in Registrant's Certifying Accountant. (a) Dismissal of Former Independent Registered Public Accounting Firm The Audit Committee (the "Committee") of the Board of Directors of RXO, Inc. (the "Company") conducted a competitive process to determine the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Several firms were invited to participate in this process including KPMG LLP ("KPMG"), which has served as the Company's independent registered public accounting firm since 2022. As a result of this process, on March 29, 2024, the Committee approved the dismissal of KPMG as the Company's independent registered public accounting firm. KPMG was dismissed on March 29, 2024. The reports of KPMG on the Company's consolidated financial statements, which were included in the Company's Annual Report on Form 10-K for the fiscal years ended December 31, 2023 and 2022, 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 fiscal years ended December 31, 2023 and 2022, and the subsequent interim period through March 29, 2024, there were no (1) disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K) with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to KPMG's satisfaction, would have caused KPMG to make reference to the subject matter of such disagreement in connection with its report, or (2) reportable events (within the meaning of Item 304(a)(1)(v) of Regulation S-K). In accordance with Item 304(a)(3) of Regulation S-K, the Company provided KPMG with a copy of the foregoing disclosures and requested that KPMG furnish it with a letter addressed to the U.S. Securities and Exchange Commission (the "SEC") stating whether KPMG agrees with the above statements. A copy of KPMG's letter, dated

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 16.1 Letter from KPMG LLP dated April 2 , 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 2, 2024 RXO, INC. By: /s/ James E. Harris James E. Harris Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR