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ScanSource, Inc. (NASDAQ:SCSC) announced Thursday that its board’s Audit Committee has approved the appointment of Deloitte & Touche LLP as the company’s new independent registered public accounting firm for the fiscal year ending June 30, 2026. The decision follows a competitive selection process involving several firms, including Grant Thornton LLP, which has served as ScanSource’s auditor since January 6, 2014.
According to a statement in the company’s SEC filing, Grant Thornton will be dismissed as ScanSource’s independent auditor upon completion of its review of the company’s quarterly report on Form 10-Q for the period ending September 30, 2025. Grant Thornton was notified of its dismissal on October 10.
The filing states that Grant Thornton’s audit reports for the fiscal years ended June 30, 2025 and June 30, 2024 did not include any adverse opinions, disclaimers of opinion, or qualifications related to uncertainty, audit scope, or accounting principles. The company also reported that during the relevant fiscal years and the interim period through October 9, 2025, there were no disagreements or reportable events between ScanSource and Grant Thornton regarding accounting principles, financial statement disclosures, or auditing procedures.
ScanSource indicated that neither the company nor its representatives consulted with Deloitte on accounting principles, the application of accounting standards, or audit opinions prior to the appointment.
Deloitte’s engagement as the new auditor is subject to completion of its standard client acceptance procedures and the execution of an engagement letter.
This information is based on a statement in the company’s Form 8-K filed with the Securities and Exchange Commission.
In other recent news, ScanSource Inc. reported impressive financial results for its fourth quarter of 2025. The company achieved earnings per share of $1.02, which exceeded the analysts’ forecast of $0.93, marking a positive surprise of 9.68%. Additionally, ScanSource’s revenue reached $812.88 million, surpassing the expected $776.21 million. These results reflect a strong performance for the company during this period. The positive earnings and revenue figures were significant developments for investors. The market’s reaction was favorable, although specific stock price movements are not detailed here. ScanSource’s performance highlights its ability to exceed market expectations, which is critical for investor confidence.
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