In an 8K SEC filing today, Goodrich Petroleum Corporation said that on Nov. 9, 2016, it dismissed Ernst & Young LLP (“E & Y”) from serving as its independent registered public accounting firm and engaged Hein & Associates LLP as its new independent registered public accounting firm. The Company’s Audit Committee unanimously approved and authorized the change, directed the process of review of candidate firms to replace E&Y and made the final decision to engage Hein, the filing said.
The E&Y reports on the financial statements of the Company for the years ended December 31, 2015 and 2014 contained no adverse opinion or disclaimer of opinion and were not qualified, except for the 2015 report which included an explanatory paragraph that described conditions that raised substantial doubt about the Company’s ability to continue as a going concern as described in Note 1 to the financial statements, the filing said.
According to the filing, “In connection with its audits of the years ended December 31, 2015 and 2014 and reviews of the Company’s financial statements through the Dismissal Date there were no disagreements with E&Y on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of E&Y, would have caused them to make reference thereto in their reports on the financial statements.”
Hein has offices and professionals in Denver, Houston, Dallas and Orange County.
