UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
September 5, 2001 (August 29, 2001)
COMMISSION FILE NUMBER 1-10813
_______________________
PLM EQUIPMENT GROWTH FUND III
(Exact name of registrant as specified in its charter)
CALIFORNIA 68-0146197
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
120 MONTGOMERY STREET
SUITE 1350, SAN FRANCISCO, CA 94104
(Address of principal (Zip code)
executive offices)
Registrant's telephone number, including area code: (415) 445-3201
_______________________
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On August 29, 2001, the General Partner, PLM Financial Services, Inc. engaged
Deloitte & Touche LLP, or D&T, as the Partnership's principal independent
auditors. On August 30, 2001, the General Partner dismissed KPMG LLP, or KPMG,
as the principal independent auditors. The decision to change auditors was
recommended by the management of the General Partner.
KPMG's reports on the Partnership's financial statements for fiscal years ended
December 31, 2000 and 1999 do not contain an adverse opinion or a disclaimer of
opinion nor were such reports qualified or modified as to uncertainty, audit
scope, or accounting principles.
During the Partnership's fiscal years ended December 31, 1999 and 2000 and
through the subsequent interim period to August 30, 2001, there were no
disagreements with KPMG on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure that, if not
resolved to KPMG's satisfaction, would have caused KPMG to make reference to the
subject matter of the disagreements in connection with its report. During that
time, there were no reportable "events" as listed in Item 304(a)(1)(v) of
Regulation S-K.
During the Partnership's fiscal years ended December 31, 1999 and 2000 and
through the subsequent interim period to August 30, 2001, the General Partner
did not consult with D&T regarding any of the matters specified in Item
304(a)(2) of Regulation S-K.
We have provided KPMG a copy of this Form 8-K prior to its filing with the
Securities and Exchange Commission (the "Commission"). KPMG has provided us
with a letter, addressed to the Commission, which is filed as Exhibit 16.1 to
this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits:
16.1 Letter from KPMG to the Securities and Exchange Commission, dated
September 5, 2001.
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SIGNATURE
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.
PLM EQUIPMENT GROWTH FUND III
By: PLM Financial Services, Inc.
General Partner
By: /s/ Stephen M. Bess
----------------------
Stephen M. Bess
President and
Current Chief Accounting Officer
Date: September 5, 2001
EXHIBIT INDEX
Exhibit Designation Nature of Exhibit
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16.1 Letter from KPMG to the Securities and
Exchange Commission, dated September 5, 2001
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