Oxford Square Capital has officially replaced PwC with EY as its independent registered public accounting firm, a move the company characterizes as a routine governance decision. While the filing confirms there were no disagreements regarding accounting principles or practices, the market may view the change through two lenses: either as a professional upgrade to a more specialized credit auditor or as a tactical shift to manage reporting during a period of portfolio volatility. The ultimate impact will depend on whether EY's upcoming audits maintain the clean trajectory of previous years or uncover latent valuation risks in the BDC's assets.