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Skechers USA Inc Appoints BDO USA, LLP As New Auditors


Wednesday, 24 Apr 2013 04:05pm EDT 

Skechers USA Inc announced that the Audit Committee of its Board of Directors has appointed BDO USA, LLP (BDO) as the Company's independent auditors. BDO will commence work immediately with the re-audit of the Company's financial statements for the fiscal years ended December 31, 2011 and 2012, as well as reviewing the financial statements for the first quarter of 2013. The appointment of BDO was made after an extensive evaluation process by the Company`s Audit Committee. As previously announced, the change in auditors was the result of KPMG LLP`s ("KPMG") resignation as Skechers` independent auditors, due to the impairment of KPMG's independence resulting from to its now former partner's alleged unlawful activities. The resignation of KPMG was not related to Skechers` financial statements, its accounting practices, the integrity of Skechers' management, or for any other reason. 

Company Quote

54.93
0.5 +0.92%
22 Oct 2014