SECURITY NATIONAL FINANCIAL CORPORATION (NASDAQ:SNFCA) Files An 8-K Changes in Registrant’s Certifying Accountant

SECURITY NATIONAL FINANCIAL CORPORATION (NASDAQ:SNFCA) Files An 8-K Changes in Registrant’s Certifying Accountant

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Item 4.01. Changes in Registrant’s Certifying Accountant

On May 15, 2017, Edie Bailly LLP (“Eide Bailly”) resigned as
the independent registered public accounting firm of Security
National Financial Corporation (the “Company”). The resignation
letter was sent by Eide Bailly to Norman G. Wilbur, Chairman of
the Audit Committee of the Company’s Board of Directors. Because
Eide Bailly resigned as the Company’s independent registered
public accounting firm, the Company’s Audit Committee had no
alternative but to accept such resignation by Eide Bailly.
During the fiscal years ended December 31, 2016 and 2015 and the
subsequent interim period preceding the resignation by Eide
Bailly, there were no disagreements (as defined in Item
304(a)(1)(iv) of Regulation S-K, as promulgated by the United
States Securities and Exchange Commission) with Eide Bailly on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, or any
reportable events (as described in Item 304(a)(1)(v) of
Regulation S-K), which disagreement, if not resolved to the
satisfaction of Eide Bailly, would have caused it to make
reference to the subject matter of the disagreement in connection
with its report. In addition, the reports by Eide Bailly on the
Company’s balance sheet as of December 31, 2016, and the related
statements of operations, stockholders’ equity, and cash flows
for each of the years in the period ended December 31, 2016, did
not contain an adverse opinion or disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope or
accounting principles.
to Item 304 of Regulation 8-K, the Company submitted a copy of
this Form 8-K to Eide Bailly prior to filing with the Commission.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Letter from Eide Bailly LLP dated May 15, 2017 confirming
resignation as the Company’s independent registered
public accounting firm.
Letter from Eide Bailly LLP dated May 17, 2017 agreeing
with the statements in the Form 8-K.


Security National Financial Corporation is a holding company. The Company operates through three segments: life insurance, cemetery and mortuary, and mortgage loans. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. The cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes and real estate projects. The Company is also engaged in pre-need selling of funeral, cemetery, mortuary and cremation services through its Utah and California operations. It also sells pre-need funeral, cemetery and cremation services.


SECURITY NATIONAL FINANCIAL CORPORATION (NASDAQ:SNFCA) closed its last trading session 00.00 at 6.40 with 7,288 shares trading hands.

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