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AI brief of an SEC Form 8-K · abrdn World Healthcare Fund (THW)

Tekla World Healthcare Fund replaces Deloitte with KPMG after auditor resigns

Neutral Impact 3 of 5 other Written later

Deloitte & Touche LLP resigned as the Fund's independent auditor on September 6, 2023, citing an anticipated independence issue tied to a pending transaction between Tekla Capital Management LLC and abrdn Inc. The Board approved KPMG LLP as the Fund's auditor for the fiscal year ending September 30, 2023, on September 7, 2023. Shareholders should note the change comes from a transaction involving the Fund's adviser, though the filing reports no disagreements or reportable events with Deloitte.

Key points

  • Deloitte & Touche resigned September 6, 2023, due to an anticipated independence issue linked to the pending Tekla Capital Management and abrdn Inc. transaction
  • Audit Committee approved the resignation September 7, 2023; the Board approved KPMG LLP the same day for fiscal year ending September 30, 2023
  • Deloitte's reports for fiscal years ended September 30, 2022 and 2021 contained no adverse opinion, disclaimer, or qualification
  • No disagreements or reportable events with Deloitte were reported for those years or the interim period through September 6, 2023

The filing

Companyabrdn World Healthcare Fund (THW)
Form8-K, current report
Filed with the SECSep 12, 2023, 5:08 PM ET
Accession number0001104659-23-100082

Items reported: 4.01 Auditor Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 12, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.