Is anyone crazy enough to audit Super Micro Computer?

Super Micro Computer’s stock has been in a tailspin since Ernst & Young dumped the company as an audit client about a year after it replaced Deloitte & Touche. EY in its Oct. 24 resignation letter said it no longer could rely on representations by Super Micro’s management or audit committee, citing “information that has recently come to our attention." If Deloitte were to pull its prior audit reports, or if Super Micro disavowed its prior numbers, it would constitute an event of default under the company’s credit agreements. If a new accounting firm couldn’t rely on Deloitte’s prior reports, it would have to audit the financial statements for years before 2024, meaning more time and expense before Super Micro could get its books in order.