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Short Take: Wiz explains auditor's resignation

Wiz Technology has filed with the U.S. Securities and Exchange Commission regarding the December 12 resignation of Grant Thornton LLP, its independent auditor. Reasons given for the resignation include Grant Thornton's refusal to be associated with financial statements prepared by Wiz, Wiz's lack of preparation for the audit, and Wiz's general lack of oversight on accounting practices.

Paul Festa Staff Writer, CNET News.com
Paul Festa
covers browser development and Web standards.
Paul Festa
has filed with the U.S. Securities and Exchange Commission regarding the December 12 resignation of Grant Thornton LLP, its independent auditor. Reasons given for the resignation include Grant Thornton's refusal to be associated with financial statements prepared by Wiz, Wiz's lack of preparation for the audit, and Wiz's general lack of oversight on accounting practices.