Reaves Utility Income Fund Changes Auditors
Ticker: UTG · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1263994
| Field | Detail |
|---|---|
| Company | Reaves Utility Income Fund (UTG) |
| Form Type | 8-K |
| Filed Date | Mar 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: UTG
TL;DR
UTG swapped auditors from Deloitte to PwC, effective March 7, 2024.
AI Summary
Reaves Utility Income Fund (UTG) filed an 8-K on March 12, 2024, to report changes in its certifying accountant. The company has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm, effective March 7, 2024. This change follows the resignation of Deloitte & Touche LLP.
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 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
- Reaves Utility Income Fund (company) — Registrant
- PricewaterhouseCoopers LLP (company) — New Certifying Accountant
- Deloitte & Touche LLP (company) — Former Certifying Accountant
- March 7, 2024 (date) — Effective date of new auditor appointment
- March 12, 2024 (date) — Filing date of the 8-K
FAQ
Who is the new independent registered public accounting firm for Reaves Utility Income Fund?
PricewaterhouseCoopers LLP has been appointed as the new independent registered public accounting firm for Reaves Utility Income Fund.
When was the appointment of the new auditor effective?
The appointment of PricewaterhouseCoopers LLP was effective March 7, 2024.
Who was the previous independent registered public accounting firm for Reaves Utility Income Fund?
The previous independent registered public accounting firm was Deloitte & Touche LLP.
What is the filing date of this 8-K report?
This 8-K report was filed on March 12, 2024.
What is the primary reason for this 8-K filing?
The primary reason for this 8-K filing is to report a change in the registrant's certifying accountant.
Filing Stats: 801 words · 3 min read · ~3 pages · Grade level 14 · Accepted 2024-03-12 17:29:04
Filing Documents
- utg_8k-031224.htm (8-K) — 34KB
- ex16-1.htm (EX-16.1) — 4KB
- dt_sig.jpg (GRAPHIC) — 9KB
- 0001999371-24-003422.txt ( ) — 222KB
- utg-20240312.xsd (EX-101.SCH) — 3KB
- utg-20240312_lab.xml (EX-101.LAB) — 33KB
- utg-20240312_pre.xml (EX-101.PRE) — 22KB
- utg_8k-031224_htm.xml (XML) — 4KB
01
Item 9.01 Financial (d) Exhibits 16.1 Letter from Deloitte & Touche LLP dated March 12, 2024
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: March 12, 2024 By: /s/ Joseph Rhame III Joseph Rhame III President