Las Vegas Sands Corp. (LVS) disclosed in a regulatory filing that PricewaterhouseCoopers LLP declined to stand for re-election as its independent registered public accounting firm for the fiscal year ending December 31, 2013. PricewaterhouseCoopers has been the company's auditor since the casino operator went public in 2004.
As a result, PricewaterhouseCoopers LLP's current appointment will terminate upon completion of its review of the condensed consolidated financial statements as of and for the quarter ended March 31, 2013, the filing of the related Form 10-Q and completion of certain statutory audit services.
The company noted that there have been no disagreements with PricewaterhouseCoopers during the fiscal years ended December 31, 2012 and 2011 and through April 23, 2013 on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
Las Vegas Sands also specified that the reports of PricewaterhouseCoopers LLP on its consolidated financial statements for the fiscal years ended December 31, 2012 and 2011 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
The company said its audit committee is currently in the process of selecting an independent registered public accounting firm.
LVS closed Friday's regular trading session at $56.17.
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