Forward Air Corp. Appoints New Auditor
Ticker: FWRD · Form: 8-K · Filed: Mar 27, 2025 · CIK: 912728
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Forward Air dumped Deloitte for BDO USA, effective immediately.
AI Summary
Forward Air Corp. announced on March 24, 2025, that it has appointed a new independent registered public accounting firm, BDO USA, P.A., effective immediately. This change follows the resignation of its former auditor, Deloitte & Touche LLP, on March 21, 2025. The company's audit committee approved this transition.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor closely.
Risk Assessment
Risk Level: medium — A change in auditors, especially if not due to standard rotation, can sometimes indicate disagreements or concerns about financial reporting, warranting closer investor scrutiny.
Key Players & Entities
- Forward Air Corp. (company) — Registrant
- BDO USA, P.A. (company) — New independent registered public accounting firm
- Deloitte & Touche LLP (company) — Former independent registered public accounting firm
- March 24, 2025 (date) — Date of appointment of new auditor
- March 21, 2025 (date) — Date of resignation of former auditor
FAQ
When was the new independent registered public accounting firm appointed?
The new independent registered public accounting firm, BDO USA, P.A., was appointed effective March 24, 2025.
Who is the new independent registered public accounting firm for Forward Air Corp.?
The new independent registered public accounting firm for Forward Air Corp. is BDO USA, P.A.
When did Forward Air Corp.'s former auditor resign?
Forward Air Corp.'s former auditor, Deloitte & Touche LLP, resigned on March 21, 2025.
Who approved the change in auditors?
The company's audit committee approved the transition to the new independent registered public accounting firm.
What is the former auditor of Forward Air Corp.?
The former auditor of Forward Air Corp. was Deloitte & Touche LLP.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 27, 2025 regarding FORWARD AIR CORP (FWRD).