Cincinnati Bell 2006 Annual Report Download - page 32

CHANGE IN INDEPENDENT ACCOUNTANT
On March 21, 2005, the Audit and Finance Committee dismissed PricewaterhouseCoopers LLP as the
Company’s independent registered public accounting firm.
The report of PricewaterhouseCoopers LLP on the Company’s consolidated financial statements for the
2004 fiscal year contained no adverse opinion or disclaimer of opinion, nor was such report qualified or modified
as to uncertainty, audit scope, or accounting principles.
During the 2004 fiscal year and through March 21, 2005, there were no disagreements with
PricewaterhouseCoopers LLP on any matter of accounting principles or practices, financial statement disclosure
or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of
PricewaterhouseCoopers LLP, would have caused PricewaterhouseCoopers LLP to make reference to the
disagreements in their report on the Company’s consolidated financial statements for such year.
During the 2004 fiscal year and through March 21, 2005, there were no “reportable events” as defined in
Item 304(a)(1)(v) of Regulation S-K.
The Company provided a copy of the above disclosures to PricewaterhouseCoopers LLP and asked
PricewaterhouseCoopers LLP to provide it with a letter addressed to the SEC stating whether or not
PricewaterhouseCoopers LLP agreed with the Company’s statements. A copy of that letter, dated March 24,
2005, stating that PricewaterhouseCoopers LLP has no disagreements with the Company’s statements, was filed
as Exhibit 16.1 to our report on Form 8-K filed with the SEC on March 24, 2005.
On March 21, 2005, the Audit and Finance Committee engaged Deloitte & Touche LLP as the Company’s
Independent Accountants for the fiscal year ending December 31, 2005, effective upon the final completion of
Deloitte & Touche LLP’s customary client acceptance procedures and execution of an engagement letter. During
the 2004 fiscal year and through March 21, 2005, the Company did not consult with Deloitte & Touche LLP
regarding the application of accounting principles to a specified transaction, either completed or proposed, or the
type of audit opinion that might be rendered on the Company’s consolidated financial statements, or any other
matters that were either the subject of a disagreement or a reportable event as defined in Item 304(a)(1)(iv) and
(v), respectively, of Regulation S-K.
The Audit and Finance Committee has subsequently engaged Deloitte & Touche LLP as the Company’s
Independent Accountant for the fiscal years ending December 31, 2006 and 2007.
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