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Stock Market & Financial Investment News

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February 14, 2014
07:14 EDTISRGIntuitive Surgical: Ernst & Young declines to respond to 'request for proposal'
On February 10, Intuitive Surgical sent Ernst & Young LLP, as well as other accounting firms, a “request for proposal” for services associated with the audit of the company’s consolidated financial statements for the year ending December 31, 2014. On February 11, 2014, Ernst & Young declined to respond to the “request for proposal” and further indicated that it was declining to stand for re-election as auditors of the company’s financial statements for the year ending December 31, 2014, and effectiveness of the company's internal control over financial reporting as of December 31, 2014. Comments taken from an 8-K filing.
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