Stock Yards Bancorp Inc. has announced a change in its independent registered public accounting firm for the fiscal year ending December 31, 2025. The decision, approved by the Audit Committee of the Board of Directors, is part of a strategic request-for-proposal process aimed at practicing good corporate governance. While the current firm, Forvis Mazars, LLP, will not be retained, the decision was not due to any disagreements over accounting principles or practices. The company plans to disclose the engagement of a new accounting firm following the completion of its evaluation process, in compliance with SEC regulations. Reports from Forvis for the fiscal years 2023 and 2024 were not adverse or modified regarding uncertainties or accounting principles.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.