Company: SIF
Filing Date: 2025-03-24
Form Type: 8-K
Source: 0000090168-25-000017
Chunk: 0

Company: SIFCO INDUSTRIES INC
Filing Date: 2025-03-24
Form: 8-K
Item: Item 4.01
Chunk 0
---
Item 4.01      Change In Registrant’s Certifying Accountant.  

(a) Dismissal of RSM US LLP. On March 18, 2025, the Audit Committee of the Board of Directors of SIFCO Industries, Inc. (the “ Company”) approved the dismissal of RSM US LLP (“ RSM”), which was then serving as the independent registered public accounting firm of the Company, effective immediately.

The reports of RSM on our consolidated financial statements as of and for the fiscal years ended September 30, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

During the fiscal years ended September 30, 2024 and 2023, and the subsequent interim period from October 1, 2024 through March 18, 2025, there were (i) no disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-K between the Company and RSM on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to RSM’s satisfaction would have caused it to make reference to the subject matter of such disagreements in connection with its reports on the Company’s consolidated financial statements for such years; and (ii) no “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation S-K, other than the previously disclosed material weakness in the Company’s internal control over financial reporting related to deficiencies in our oversight and backup recovery controls.

The Company provided RSM with a copy of the disclosures that the Company is making in response to Item 4.01 on this Current Report on Form 8-K, and requested that RSM furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of RSM’s letter, dated March 24, 2025 regarding the above disclosures is filed as Exhibit 16.1 to this report.

(b) Appointment of Deloitte & Touche LLP. On March 18, 2025, the Company appointed Deloitte & Touche LLP (“ Deloitte”) as the Company’s new independent registered public accounting firm for the fiscal year ending September 30, 2025, subject to completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter. The appointment was approved by the Audit Committee of the Board of