E&Y takes bite out of Apple in auditor change

apple ipod mini

Apple said there were
no disputes with KPMG,
which has been its auditor since 1997, when filing the change at the
Securities and Exchange
. A statement said there were no disagreements ‘on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure’.

An Apple spokesman said: ‘Apple’s board recently adopted a policy to review
the appointment of its auditor every five years’. The computing giant opened the
position up to a ‘competitive process’.

The audit committee at Apple has requested that
& Young
be named auditor for the remainder of the fiscal year ending 26

E&Y was appointed with immediate effect.

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