There will be a new entity tallying up the finances of Las Vegas Sands and signing off on them. The casino operator revealed in a pair of filings with the Securities and Exchange Commission that it has hired Deloitte & Touche to be its accountant and auditor. Deloitte replaces PricewaterhouseCoopers. The latter company, according to Las Vegas Sands, "declined to stand for reelection" in that role. That decision was announced last month.
No mention was made in the filing as to how much Deloitte will be paid for its services. PricewaterhouseCoopers took in roughly $5.5 million in fees for its work with Las Vegas Sands in 2011.
The article Las Vegas Sands Hires New Accountant and Auditor originally appeared on Fool.com.
Fool contributor Eric Volkman has no position in Las Vegas Sands. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.