DENTSPLY SIRONA Changes Auditors
Ticker: XRAY · Form: 8-K · Filed: Mar 7, 2024 · CIK: 818479
| Field | Detail |
|---|---|
| Company | Dentsply Sirona Inc. (XRAY) |
| Form Type | 8-K |
| Filed Date | Mar 7, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
DENTSPLY SIRONA swapped PwC for Deloitte as their auditor, effective March 4, 2024.
AI Summary
DENTSPLY SIRONA Inc. filed an 8-K on March 7, 2024, to report changes in its certifying accountant. The company's previous independent registered public accounting firm was PricewaterhouseCoopers LLP, and the change was effective March 4, 2024. The new independent registered public accounting firm appointed is Deloitte & Touche LLP.
Why It Matters
A change in a company's auditor can sometimes signal underlying issues or a strategic shift, prompting investors to scrutinize the reasons behind the decision.
Risk Assessment
Risk Level: low — This filing pertains to a routine change of auditors, which typically does not carry significant financial risk.
Key Players & Entities
- DENTSPLY SIRONA Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Former certifying accountant
- Deloitte & Touche LLP (company) — New certifying accountant
- March 4, 2024 (date) — Effective date of change
- March 7, 2024 (date) — Filing date of the 8-K
FAQ
Who was DENTSPLY SIRONA Inc.'s previous independent registered public accounting firm?
PricewaterhouseCoopers LLP was DENTSPLY SIRONA Inc.'s previous independent registered public accounting firm.
When was the change in certifying accountant effective?
The change in certifying accountant was effective March 4, 2024.
Who is DENTSPLY SIRONA Inc.'s new independent registered public accounting firm?
Deloitte & Touche LLP is DENTSPLY SIRONA Inc.'s new independent registered public accounting firm.
What type of event is being reported in this 8-K filing?
This 8-K filing reports a change in the registrant's certifying accountant.
On what date was this Form 8-K filed with the SEC?
This Form 8-K was filed with the SEC on March 7, 2024.
Filing Stats: 1,187 words · 5 min read · ~4 pages · Grade level 15.3 · Accepted 2024-03-07 16:06:06
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share XRAY The Nasdaq Stock Market
Filing Documents
- xray-20240304.htm (8-K) — 32KB
- exhibit161_pwcletter.htm (EX-16.1) — 1KB
- exhibit161_pwcletter001.jpg (GRAPHIC) — 59KB
- 0000818479-24-000026.txt ( ) — 238KB
- xray-20240304.xsd (EX-101.SCH) — 2KB
- xray-20240304_lab.xml (EX-101.LAB) — 21KB
- xray-20240304_pre.xml (EX-101.PRE) — 13KB
- xray-20240304_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 and Finance Committee (the "Committee") of the Board of Directors of DENTSPLY SIRONA Inc. (the "Company") recently conducted a review of the Company's independent registered public accounting firm for the fiscal year ended December 31, 2024. As a result of this comprehensive selection process, the Committee approved the dismissal of PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm on March 4, 2024. PwC was dismissed on March 4, 2024. The reports of PwC on the Company's consolidated financial statements, which were included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "2023 Form 10-K") and for the fiscal year ended December 31, 2022, as amended (the "2022 Form 10-K"), 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, 2022 and 2023, and the subsequent interim period through March 4, 2024, there was no "reportable event" as set forth in Item 304(a)(1)(v) of Regulation S-K, except for (i) the material weaknesses in the Company's internal control over financial reporting as reported in Item 4 of Amendment No. 1 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, filed with the Securities and Exchange Commission (the "SEC") on August 7, 2023, and Item 9A of the 2022 Form 10-K, filed with the SEC on August 7, 2023, relating to segregation of duties specific to the creation of manual journal entries and (ii) the material weaknesses in the Company's internal control over financial reporting as reported in Item 4 of Amendment No. 1 to the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021, filed with the SEC on November 7, 202
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits: 16. 1 Letter from PricewaterhouseCoopers LLP dated March 7, 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, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DENTSPLY SIRONA Inc. By: /s/ Richard C. Rosenzweig Richard C. Rosenzweig Executive Vice President, Corporate Development, General Counsel and Secretary Date: March 7, 2024