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): June 28, 2002
Boston Acoustics, Inc.
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(Exact Name of Registrant as Specified in Charter)
Massachusetts 33-9875 04-2662473
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(State or Other Jurisdiction of (Commission (IRS Employer
Incorporation) File Number) Identification No.)
300 Jubilee Drive, Peabody, Massachusetts 01960
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code: (978) 538-5000
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Item 4. Changes in registrant's certifying accountant.
Effective June 28, 2002, we dismissed Arthur Andersen LLP ("Andersen") as
our independent auditor. The decision to dismiss Andersen was recommended by the
Audit Committee of our Board of Directors and was approved by our Board of
Directors.
Andersen's reports on the financial statements for our most recent two
fiscal years ended March 31, 2001 and March 30, 2002 did not contain an adverse
opinion or disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principles. During our two most recent
fiscal years ended March 31, 2001 and March 30, 2002, and through the date of
this report, there were no disagreements with Andersen on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope and procedure, which disagreements, if not resolved to the satisfaction of
Andersen, would have caused Andersen to make reference to the subject matter of
the disagreement(s) in connection with its reports. None of the reportable
events as defined in paragraphs (A) through (D) of Item 304(a)(1)(v) of
Regulation S-K occurred during our two most recent fiscal years ended March 31,
2001 and March 30, 2002, and through the date of this report.
We have provided Andersen with a copy of the disclosures made in this Form
8-K. A copy of Andersen's letter, dated June 28, 2002, stating its agreement
with the statements made in this Form 8-K, is attached hereto as Exhibit 16.1.
Item 7. Financial Statements, pro forma financial information and exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits. Exhibit No. 16.1 - Letter of Arthur Andersen LLP
regarding change in certifying accountant.
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 hereunto duly authorized.
Boston Acoustics, Inc.
Date: June 28, 2002 By: /s/ Debra A. Ricker-Rosato
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Vice President - Finance
EXHIBIT INDEX
Exhibit No. Description of Exhibits
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16.1 Letter of Arthur Andersen LLP regarding change in certifying
accountant.