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) March 30, 1995
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KULICKE AND SOFFA INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
PENNSYLVANIA 0-121 23-1498399
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(State or other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification
No.)
2101 Blair Mill Road, Willow Grove, PA 19090
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (215) 784-6000
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Item 4. CHANGE IN CERTIFYING ACCOUNTANT OF REGISTRANT'S WHOLLY-
OWNED SUBSIDIARY.
Price Waterhouse LLP is the certifying accountant for Kulicke
and Soffa Industries, Inc. ("the Company") and all subsidiaries
except its wholly-owned subsidiary, Kulicke and Soffa Industries
(Israel) Ltd. Through the fiscal year ended September 30, 1994,
Price Waterhouse LLP relied upon the audit opinion of Luboshitz,
Kasierer & Co., certifying accountant for Kulicke and Soffa
Industries (Israel) Ltd., in expressing its audit opinion on the
Company's consolidated financial statements.
On March 30, 1995, the Company dismissed Luboshitz, Kasierer &
Co. On the same date, the Company appointed Price Waterhouse's
Israeli affiliate, Somekh Chaikin, as the certifying accountant
for Kulicke and Soffa Industries (Israel) Ltd. This change in
accountants was made, following the formal affiliation of Somekh
Chaikin with the Price Waterhouse world firm, solely in order to
consolidate all audit and tax services with one worldwide
accounting firm. The Company's decision to change the certifying
accountants of Kulicke and Soffa Industries (Israel) Ltd. was
approved by the Company's audit committee.
For the fiscal years ending September 30, 1993 and 1994,
Luboshitz, Kasierer & Co. issued unqualified opinions in
connection with their audits of the financial statements of
Kulicke and Soffa Industries (Israel) Ltd.
During the fiscal years ending September 30, 1993 and 1994, and
during the interim periods through the date of this report, there
have been no disagreements on accounting principles or practices,
financial statement disclosures, or auditing scope or procedures,
as listed under Regulation S-K, Item 304(a)(1)(iv).
During the fiscal years ending September 30, 1993 and 1994, and
during the interim periods through the date of this report, there
have been no "reportable events" as listed under Regulation S-K,
Item 304(a)(1)(v)(A) through (D).
During the fiscal years ending September 30, 1993 and 1994, and
during the interim periods through the date of this report, the
Company has not consulted with Somekh Chaikin concerning matters
of accounting principles or practices, financial statement
disclosures, or auditing scope or procedures, as listed under
Regulation S-K, Item 304(a)(2).
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired
N/A
(b) Pro-forma Financial Information
N/A
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(c) Exhibits
16. Letter regarding change in Certifying Accountant:
Pursuant to Regulation S-K, Item 304(a)(3), the Company
intends to file a letter from Luboshitz, Kasierer & Co., the
former certifying accountant of Kulicke and Soffa Industries
(Israel) Ltd., under a Form 8-K/A as soon as possible, but no
later than two business days after receipt of such letter.
SIGNATURE
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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.
KULICKE AND SOFFA INDUSTRIES, INC.
Date: April 5, 1995 By: /s/ Clifford G. Sprague
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Clifford G. Sprague,
Senior Vice President
and Chief Financial
Officer