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 Act of 1934
Date of Report (Date of earliest event reported): October 25, 2001
ABRAMS INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Georgia 0-10146 58-0522129
(State of Incorporation) Commission File Number (I.R.S. Employer Identification No.)
1945 The Exchange, Suite 300, Atlanta, Georgia 30339
(Address of principal executive offices, including zip code)
(770) 953-0304
(Registrant's telephone number, including area code)
INFORMATION TO BE INCLUDED IN THE REPORT
Items 1, 2, 3, 5, 6, and 8 are not applicable and are omitted from this report.
Item 4. Changes in Registrant's Certifying Accountant.
The registrant has engaged Arthur Andersen LLP as its principal accountants and
has dismissed its former principal accountants, PricewaterhouseCoopers LLP. The
change was made on October 25, 2001. The decision to change accountants was
approved by the Audit Committee of the registrant. Neither of the reports of the
former principal accountants on the financial statements of the registrant for
the past two fiscal years contained an adverse opinion or disclaimer of opinion,
nor was either qualified or modified as to uncertainty, audit scope, or
accounting principle.
In connection with its audits for the two most recent fiscal years of the
registrant and the subsequent interim period through October 25, 2001, there
were no disagreements with the former accountants on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of the
former accountants, would have caused them to make reference to the subject
matter of the disagreements in their reports for such fiscal years.
During the registrant's two most recent fiscal years and the subsequent interim
period through October 25, 2001, the registrant has not consulted Arthur
Andersen LLP regarding any matter requiring disclosure under Regulation S-K,
Item 304(a)(2). The registrant has provided PricewaterhouseCoopers LLP with a
copy of this disclosure and has requested that PricewaterhouseCoopers LLP
furnish it with a letter addressed to the SEC stating whether it agrees with the
above statements. A copy of PricewaterhouseCoopers' letter to the SEC dated
October 29, 2001, is filed as Exhibit 16 to this report on Form 8-K.
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
Number Description
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16 Letter from PricewaterhouseCoopers LLP
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
ABRAMS INDUSTRIES, INC.
/s/ Melinda S. Garrett
-----------------------------
Melinda S. Garrett
Chief Financial Officer
Date: October 30, 2001