APARTMENT INCOME REIT CORP. : Modifications made to the certifying accountant, the financial statements and the supporting documents of the holder (form 8-K)
Article 4.01. Changes in the holder’s certifying accountant
After conducting a competitive process, on
September 23, 2021, the Audit Committee of the Board of Directors of Apartment Income REIT Corp.("AIR") approved the appointment of Deloitte & Touche LLP("Deloitte") as the new independent registered public accounting firm for AIR and Apartment Income REIT, L.P.(the "Operating Partnership") for the fiscal year ending December 31, 2021, subject to Deloitte's completion of its customary client acceptance procedures. During the fiscal years ended December 31, 2020("fiscal 2020") and December 31, 2019("fiscal 2019"), and for the subsequent interim period through September 23, 2021, none of AIR, the Operating Partnershipor anyone on their behalf consulted Deloitte regarding any of the matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K ("Regulation S-K") of the U.S. Securities and Exchange Commission(the "SEC") through that date. During the competitive process, on September 22, 2021, Ernst & Young LLP("EY") resigned as AIR's and the Operating Partnership'sindependent registered public accounting firm, effectively immediately. EY's reports on (i) the consolidated financial statements as of and for fiscal 2020 of AIR and the Operating Partnershipand (ii) the consolidated financial statements as of and for fiscal 2019 of AIR's predecessor, Apartment Investment and Management Company, and the Operating Partnership,
then known as
AIMCO Properties, L.P., did not contain any adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. During fiscal 2020 and fiscal 2019, and in the subsequent interim period through September 22, 2021, (i) there were no disagreements with EY (within the meaning of Item 304(a)(1)(iv) of Regulation S-K) on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that if not resolved to EY's satisfaction, would have caused EY to make reference thereto in its reports; and (ii) there were no reportable events (as defined by Item 304(a)(1)(v) of Regulation S-K). AIR provided EY with a copy of the foregoing disclosures and requested that EY provide a letter addressed to the SECstating whether it agrees with such disclosures. A copy of EY's letter dated September 27, 2021is filed as Exhibit 16.1 to this Current Report on Form 8-K.
Item 9.01 Financial statements and supporting documents
(d) Exhibits Exhibit No. Description 16.1 Letter of
Ernst & Young LLP, dated September 27, 2021. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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