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Akumin Announces Change of Auditor

PLANTATION, FL, Dec. 2, 2019 /CNW/ - Akumin Inc. (TSX: AKU.U; AKU) ("Akumin" or the "Corporation") announced that it has changed its auditors to Ernst & Young LLP.A  At the request of the Corporation, PricewaterhouseCoopers LLP, the former auditors, resigned effective NovemberA 29, 2019 and the board of directors appointed Ernst & Young LLP as the Corporation's auditor effective December 2, 2019 until the next annual general meeting of the Corporation.A  The change of auditor was made in connection with the Corporation's intention to commence reporting its financial statements in U.S. GAAP instead of IFRS during the 2020 fiscal year, as discussed at its annual general meeting of shareholders held June 21, 2019.A  Prior to the appointment of Ernst & Young as the successor auditors, the board of directors approved the addition of U.S. head office for the Corporation in Plantation, Florida.A  Toronto, Ontario would remain the Canadian head office."We would like to thank PricewaterhouseCoopers LLP for their audit expertise and guidance these past several years and we are pleased to announce that Ernst & Young LLP will act as our auditors going forward.A  We expect to continue to use PricewaterhouseCoopers for non-audit services," said Riadh Zine, President and Chief Executive Officer of Akumin.There were no reservations in PricewaterhouseCoopers LLP's audit reports for the period commencing at the beginning of Akumin's two most recent financial years and ending at the date of PricewaterhouseCoopers' resignation.A  There are no "reportable events," as that term is defined in National Instrument 51-102 a?? Continuous Disclosure Obligations ("NIA 51-102"), between Akumin and PricewaterhouseCoopers.In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the board of directors of the Company and filed on SEDAR.About Akumin
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