UGI Corp Appoints PricewaterhouseCoopers as New Auditor

TL;DR

UGI swapped auditors from Deloitte to PwC. Big deal?

AI Summary

On October 23, 2024, UGI Corporation filed an 8-K report to disclose a change in its certifying accountant. The company has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm, replacing Deloitte & Touche 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 solely concerns a change in the company's auditor, which is a routine administrative event and does not inherently indicate financial distress or significant operational changes.

Key Players & Entities

• UGI Corporation (company) — Registrant
• PricewaterhouseCoopers LLP (company) — New certifying accountant
• Deloitte & Touche LLP (company) — Former certifying accountant
• October 23, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• ugi-20241023x8k.htm (8-K) — 38KB
• ugi-20241023xex16d1.htm (EX-16.1) — 3KB
• 0001558370-24-013848.txt ( ) — 166KB
• ugi-20241023.xsd (EX-101.SCH) — 4KB
• ugi-20241023_def.xml (EX-101.DEF) — 3KB
• ugi-20241023_lab.xml (EX-101.LAB) — 16KB
• ugi-20241023_pre.xml (EX-101.PRE) — 11KB
• ugi-20241023x8k_htm.xml (XML) — 5KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant. (a) The Audit Committee (the "Audit Committee") of the Board of Directors of UGI Corporation (the "Company") conducted a comprehensive process to determine the Company's independent registered public accounting firm for the fiscal year ending September 30, 2025, and issued a Request for Proposal ("RFP") to several qualified accounting firms, including Ernst & Young LLP ("EY"), the Company's then current independent registered public accounting firm. As a result of this process, following the review and evaluation of proposals from participating firms, on October 23, 2024, the Audit Committee approved the appointment of KPMG LLP ("KPMG") as the Company's new independent registered public accounting firm for the fiscal year ending September 30, 2025 and the dismissal of EY. The dismissal of EY and the appointment of KPMG will become effective upon the issuance by EY of its report on the Company's consolidated financial statements as of and for the fiscal year ended September 30, 2024 and the effectiveness of internal control over financial reporting as of September 30, 2024 for inclusion in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2024. EY's audit reports on the Company's consolidated financial statements as of and for the fiscal years ended September 30, 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 fiscal years ended September 30, 2023 and 2022, and in the subsequent period through October 23, 2024, (i) there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 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, which disagreements, if not resolved to the satisfactio

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number: Description 16.1 Letter from Ernst & Young LLP to the U.S. Securities and Exchange Commission, dated October 29, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL).

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. UGI Corporation October 29, 2024 By: /s/ Jessica A. Milner Name: Jessica A. Milner Title: Secretary

View Full Filing

View this 8-K filing on SEC EDGAR