UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
AMENDMENT NO. 1
TO
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 17, 2002
QUINTILES TRANSNATIONAL CORP.
(Exact name of registrant as specified in its charter)
North Carolina 000-23520 56-1714315
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
4709 Creekstone Drive, Riverbirch Building, Suite 200,
Durham, North Carolina 27703-8411
(Address of principal executive offices)
(919) 998-2000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Item 4 of the Form 8-K , dated May 17, 2002, of Quintiles Transnational Corp. is
hereby amended and replaced in its entirety as follows:
Item 4. Changes In Registrant's Certifying Accountant.
The Board of Directors of Quintiles Transnational Corp. (the "Company")
has approved the recommendation by the Company's Audit Committee to engage
PricewaterhouseCoopers LLP as the Company's independent public accountants for
the year ending December 31, 2002, and to dismiss Arthur Andersen LLP. The
engagement of PricewaterhouseCoopers LLP became effective on May 21, 2002.
Arthur Andersen LLP was notified on May 17, 2002 that the Company was changing
independent public accountants, and its dismissal was effective as of that date.
The audit reports of Arthur Andersen LLP on the consolidated financial
statements of the Company for the years ended December 31, 2001 and 2000 did not
contain any adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope or accounting principles.
In connection with the audits of the Company's financial statements for
each of the two fiscal years ended December 31, 2001, as well as during the
period from January 1, 2002 through May 17, 2002, there were no disagreements
with Arthur Andersen LLP on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope and procedures which, if not
resolved to the satisfaction of Arthur Andersen LLP would have caused Arthur
Andersen LLP to make reference to the matter in their report. The Company has
requested Arthur Andersen LLP to furnish it with a letter to the Securities and
Exchange Commission stating whether it agrees with the above statements. A copy
of that letter is filed herewith as Exhibit 16.01.
During the last two fiscal years and the interim period preceding May
21, 2002, the Company did not consult with PricewaterhouseCoopers LLP regarding
any of the matters or events set forth in Regulation S-K Item 304(a)(2)(i) and
(ii).
Item 7 of the Form 8-K , dated May 17, 2002, of Quintiles Transnational Corp. is
hereby amended and replaced in its entirety as follows:
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit Number Description of Exhibit
-------------- ----------------------
16.01 Letter of Arthur Andersen LLP
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this amended report to be signed on its behalf by
the undersigned hereunto duly authorized.
QUINTILES TRANSNATIONAL CORP.
By: /s/ John S. Russell
------------------------------
Dated: May 29, 2002 John S. Russell
Executive Vice President and
General Counsel, Head Global
Human Resources, Corporate Secretary
EXHIBIT INDEX
Exhibit Number Description of Exhibit
- -------------- ----------------------
16.01 Letter of Arthur Andersen LLP