SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report May 14, 1996
(Date of earliest event reported)
HON INDUSTRIES Inc.
(Exact name of registrant as specified in its charter)
IOWA
(State or other jurisdiction of incorporation)
0-2648 42-0617510
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(Commission File Number) (IRS Employer
Identification Number)
414 East Third Street, P.O. Box 1109, Muscatine, IA 52761-7109
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(Address of principal executive offices) (Zip Code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
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HON INDUSTRIES Inc., (the "Company") has dismissed Ernst & Young LLP,
its independent public accountants, effective May 14, 1996.
In connection with the audits of the two most recent fiscal years, and
during the interim period prior to the dismissal, there have been no
disagreements with the former accountants on any matter or accounting
principle or practice, financial statement disclosure, or auditing scope or
procedure.
The former accountants' report on the financial statements of the
Company for each of the past two years was unqualified.
The Company has engaged Arthur Andersen LLP as its new independent
public accountants effective with the dismissal of its former accountants.
During the Company's two most recent fiscal years and during the interim
period prior to the engagement, there have been no consultations with the
newly engaged accountants with regard to either the application of accounting
principle as to any specific transaction, either completed or proposed; the
type of audit opinion that would be rendered on the Company's financial
statements; or any matter of disagreements with the former accountants.
The Company's Board of Directors approved management's recommendation to
change accountants.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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C. Exhibits:
16 Former Accountants Letter
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 hereunto duly authorized.
HON INDUSTRIES Inc.
(Registrant)
Date: May 20, 1996 By: /s/David C. Stuebe
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David C. Stuebe
Vice President and
Chief Financial Officer
By: /s/ Melvin L. McMains
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Melvin L. McMains
Controller and Principal
Accounting Officer
EXHIBIT INDEX
Exhibit
Number Description
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16 Former Accountants Letter
Exhibit 16
FORMER ACCOUNTANTS LETTER
May 20, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated May 14, 1996, of HON INDUSTRIES Inc. and
are in agreement with the statements contained in the first three paragraphs
therein. We have no basis to agree or disagree with other statements of the
registrant contained therein.
Very truly yours,
/s/ Ernst & Young LLP
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Ernst & Young LLP