KANSAS CITY, Mo., July 14, 2016 /PRNewswire/ — Kansas City Life Insurance Company (the “Company”) (OTCQX: KCLI) announced today that it has engaged BKD, LLP (“BKD”) as its independent auditor for 2016. BKD will replace the Company’s previous independent auditors, KPMG LLP (“KPMG”).
The selection of BKD as the Company’s new independent auditors was made by the Board of Directors upon a recommendation by the Audit Committee.
The Company’s change in auditors is not the result of any disagreement between the Company and KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. Further, KPMG did not resign or decline to stand for re-election, and none of KPMG’s reports on the financial statements of the Company contained an adverse opinion or disclaimer of opinion, or was modified as to uncertainty, audit scope or accounting principles.
Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in Kansas City, Missouri. The Company’s primary business is providing financial protection through the sale of life insurance and annuities. The Company operates in 49 states and the District of Columbia. For more information, please visit www.kclife.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kansas-city-life-insurance-company-changes-auditors-300298842.html
SOURCE Kansas City Life Insurance Company
Article source: http://www.otcmarkets.com/stock/KCLI/news?id=136489