UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) or
The Securities Act of 1934
Date of Report (Date of earliest event reported): May 23, 2002
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 Deloitte & Touche LLP as its principal accountants
and has dismissed its former principal accountants, Arthur Andersen LLP. The
change was made on May 23, 2002. The decision to change accountants was
recommended by the Audit Committee of the registrant. The former principal
accountants did not report on the financial statements of the registrant in the
past two fiscal years.
In connection with the period from the engagement of Arthur Andersen LLP on
October 25, 2001 through May 23, 2002, 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 the subsequent interim period. There were no reportable
events, as listed in Item 304 (a) (1) (v) of Regulation S-K.
During the registrant's last two fiscal years and the subsequent interim period
through May 23, 2002, the registrant did not consult Deloitte & Touche LLP
regarding any of the matters or events set forth in Item 304 (a) (2) (i) and
(ii) of Regulation S-K. The registrant has provided Arthur Andersen LLP with a
copy of this disclosure and has requested that Arthur Andersen LLP furnish it
with a letter addressed to the SEC stating whether it agrees with the above
statements. A copy of Arthur Andersen's letter to the SEC dated May 23, 2002,
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 Arthur Andersen 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: May 23, 2002