Business News
American Reprographics Company Announces Selection of Deloitte & Touche LLP as Independent Auditors
Friday 03. April 2009 - American Reprographics Company (NYSE: ARP), the nation's leading provider of reprographics services and technology, today announced that the Audit Committee of its Board of Directors approved the appointment of Deloitte & Touche LLP as the Company's independent auditors for fiscal year 2009.
The change followed a comprehensive search process initiated by the Company earlier in the year and was approved by the Audit Committee on March 27, 2009. Deloitte replaces PricewaterhouseCoopers LLP, which had previously served as the Company’s independent auditors.
“We are grateful for the guidance PwC provided to us, ensuring that ARC was on the right track from its earliest days as a public company,” said K. “Suri” Suriyakumar, Chairman, President and CEO of American Reprographics Company. “The quality of their audit has been excellent, and we’ve had no disagreements on accounting issues, disclosure or auditing standards. The current economic environment, however, required a thorough review of all our key independent service providers and, as a result, the Board concluded that Deloitte was the best choice to provide audit services for the company going forward.”