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 Exchange Act of 1934
Date of Report (Date of earliest event reported): July 17, 2007
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FFD Financial Corporation
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(Exact name of registrant as specified in its charter)
Ohio 0-27916 34-1921148
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
321 North Wooster Avenue, Dover, Ohio 44622
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) (330) 364-7777
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Section 4 - Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant.
(a) On July 17, 2007, the Audit Committee of FFD Financial Corporation ("FFD")
dismissed Grant Thornton LLP ("Grant Thornton") as the independent
registered public accounting firm to audit FFD's financial statements. The
Audit Committee dismissed Grant Thornton in connection with the transition
by Grant Thornton of the financial institutions practice of its
Cincinnati, Ohio office to another firm. Grant Thornton's report on the
financial statements of FFD for the past two years did not contain an
adverse opinion or a disclaimer of opinion, and neither of such reports
was modified as to uncertainty, audit scope or accounting principles.
During FFD's two most recent fiscal years and the subsequent interim
periods preceding the dismissal, there were no disagreements with Grant
Thornton 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 Grant Thornton, would have caused
it to make a reference to the subject matter of the disagreements in
connection with its report.
FFD provided the disclosure in this paragraph (a) to Grant Thornton and
requested that Grant Thornton furnish it with a letter addressed to the
Securities and Exchange Commission stating whether or not it agrees with
the Company's statements in this Item 4.01(a). A copy of the letter
furnished by Grant Thornton in response to this request is filed as
Exhibit 16.1 to this Form 8-K.
(b) On July 17, 2007, FFD's Audit Committee engaged Crowe Chizek and Company
LLP ("Crowe") as the independent registered public accounting firm to
audit FFD's financial statements. During FFD's two most recent fiscal
years and subsequent interim periods preceding Crowe's engagement, FFD did
not consult Crowe regarding either (a) the application of accounting
principles to a specific completed or contemplated transaction, or the
type of audit opinion that might be rendered on FFD's financial
statements, nor was written or oral advice provided by Crowe to FFD that
was an important factor considered by FFD in reaching a decision as to the
accounting, auditing or financial reporting issue; or (b) any matter that
was the subject of a disagreement (as described in paragraph (a)(1)(iv) of
Item 304 of Regulation S-B).
Section 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(a) - (c) Not applicable.
(d) Exhibits.
Exhibit No. Description
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16.1 Letter from Grant Thornton LLP dated July 19, 2007
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.
FFD FINANCIAL CORPORATION
By: /s/ Trent B. Troyer
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Trent B. Troyer
President and Chief Executive Officer
Date: July 19, 2007