=================================================================================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 8, 2002 SOUTHERN CALIFORNIA EDISON COMPANY (Exact name of registrant as specified in its charter) CALIFORNIA 001-2313 95-1240335 (State or principal jurisdiction of (Commission file (I.R.S. employer incorporation or organization) number) identification no.) 2244 Walnut Grove Avenue (P.O. Box 800) Rosemead, California 91770 (Address of principal executive offices, including zip code) 626-302-1212 (Registrant's telephone number, including area code) ===================================================================================================================Items 1, 2, 3, 5, 6, 8, and 9 are not included because they are inapplicable. Item 4. Changes in Registrant's Certifying Accountant The Audit Committee of the Board of Directors of Southern California Edison Company has the responsibility, at least annually, to recommend to the Board of Directors the appointment of Southern California Edison Company's independent public accountants. The Board of Directors and the Audit Committee have the ultimate authority and responsibility to select, evaluate, and, where appropriate, replace the independent public accountants, who are ultimately accountable to the Board of Directors and the Audit Committee. On May 8, 2002, following a recommendation from the Audit Committee, the Board of Directors decided to no longer engage Arthur Andersen LLP ("Andersen") as Southern California Edison Company's independent public accountants, and appointed PricewaterhouseCoopers LLP to serve as Southern California Edison Company's independent public accountants for the balance of 2002. The decision to change auditors is not a reflection of Andersen's capabilities, commitment, or quality of service to Southern California Edison Company. During Andersen's long relationship with Southern California Edison Company, the Andersen audit teams exhibited the highest degree of professionalism and quality service. Andersen's reports on Southern California Edison Company's consolidated financial statements for each of the years ended 2001 and 2000 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles, except for Andersen's 2000 report, which includes an explanatory paragraph with respect to Southern California Edison Company's ability to continue as a going concern. During Southern California Edison Company's two most recent fiscal years and through the date of this Report on Form 8-K, there were no disagreements with Andersen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Andersen's satisfaction, would have caused them to make reference to the subject matter in connection with their reports on Southern California Edison Company's consolidated financial statements for those years; and there were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K. Southern California Edison Company provided Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16 is a copy of Andersen's letter, dated May 10, 2002, stating its agreement with the foregoing disclosures. During Southern California Edison Company's two most recent fiscal years and through the date of this Report on Form 8-K, Southern California Edison Company did not consult PricewaterhouseCoopers LLP with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Southern California Edison Company's consolidated financial statements, or any other matters or reportable events listed in Item 304(a)(2)(i) and (ii) of Regulation S-K. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable (b) Not applicable (c) Exhibits 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SOUTHERN CALIFORNIA EDISON COMPANY (Registrant) KENNETH S. STEWART ------------------------------------------------------------- KENNETH S. STEWART Assistant General Counsel and Assistant Secretary May 10, 2002
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8-K Filing
SOUTHERN CALIFORNIA EDISON (SCE-PN) 8-KChanges in registrant's certifying accountant
Filed: 10 May 02, 12:00am