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Perceptron Announces Appointment of BDO USA, LLP as Independent Auditor
By: Marketwire .
Jan. 8, 2013 04:24 PM
PLYMOUTH, MI -- (Marketwire) -- 01/08/13 -- Perceptron, Inc. (NASDAQ: PRCP) today announced the appointment of BDO USA, LLP ("BDO") as the Company's new independent registered public accounting firm for its fiscal year ending June 30, 2013.
After a competitive bid process and approval by the Audit Committee of the Company's Board of Directors, the Company dismissed Grant Thornton LLP and appointed BDO. The decision to change auditors was not the result of any disagreement between Perceptron and Grant Thornton on any matter of accounting principle or practice, financial statement disclosure, or auditing scope or procedure. Under the guidance of the Audit Committee, management conducted a competitive request for proposal of audit services. Management and the Audit Committee evaluated a number of potential firms that were invited to submit a proposal and the Company, with the approval of the Audit Committee, determined that BDO offered the broadest array of services at pricing that represented the best value for the Company. Perceptron does not anticipate any disruption to its business resulting from the transition between accounting firms.
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