SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 2, 2002
---------------------
TEAM, INC.
(Exact name of registrant as specified in its charter)
TEXAS
(State of incorporation)
0-9950 74-1765729
(Commission File Number) (I.R.S. Employer
Identification No.)
200 HERMANN DRIVE, ALVIN, TEXAS 77511
(Address of principal executive offices) (Zip Code)
281-331-6154
(Registrant's Telephone Number, Including Area Code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
The Company has engaged KPMG LLP as its auditor for the fiscal year
ending May 31, 2002. There has been no consultation during the past two fiscal
years or during the interim period ended February 28, 2002, by the Company with
KPMG LLP regarding the application of accounting principles or the type of audit
opinion that might be rendered on the Company's financial statements.
The Company previously filed a Form 8-K on April 23, 2002, reporting
the rescission of the appointment of Arthur Andersen LLP as the Company's
auditor for the fiscal year ended May 31, 2002.
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 hereunto duly authorized.
TEAM, INC.
----------
(Registrant)
/S/ Ted W. Owen
---------------
Ted W. Owen
Vice President and CFO
(Principal Accounting Officer)
Date: May 2, 2002