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): June 7, 2002
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SEI INVESTMENTS CAPITAL ACCUMULATION PLAN
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(Exact Name of Registrant Specified in Charter)
Pennsylvania 0-10200 23-1707341
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(State or Other (Commission File (I.R.S. Employer
Jurisdiction of Number) Identification No.)
Incorporation)
1 Freedom Valley Drive
Oaks, Pennsylvania 19456
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (610) 676-1000
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 4. Changes in Registrant's Certifying Accountant
On June 7, 2002, the Administrative Committee (the "Committee") of the
SEI Investments Capital Accumulation Plan, a Pennsylvania corporation (the
"Plan"), determined to no longer engage Arthur Andersen LLP ("Arthur Andersen")
as the Plan's independent public accountants and engaged KPMG LLP ("KPMG") to
serve as the Plan's independent public accountants for the fiscal year 2001.
Arthur Andersen's reports on the Plan's consolidated financial
statements for each of the years ended December 31, 2000 and 1999 did not
contain an adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope or accounting principles.
During the years ended December 31, 2000 and 1999 and through the
filing date of this Current Report on Form 8-K, there were no disagreements with
Arthur Andersen on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure which, if not resolved to
Arthur Andersen's satisfaction would have caused them to make reference to the
subject matter in connection with their report on the Plan's consolidated
financial statements for such years; and there were no reportable events as
defined in Item 304(a)(1)(v) of Regulation S-K.
The Plan provided Arthur Andersen with a copy of the foregoing
disclosures. Attached as Exhibit 16.1 is a copy of Arthur Andersen's letter,
dated June 14, 2002, stating that it has found no basis for disagreement with
such statements.
During the years ended December 31, 2000 and 1999 and through the
filing date of this Current Report on Form 8-K, the Plan did not consult KPMG
with respect to the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that
might be rendered on the Plan's consolidated financial statements, or any other
matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of
Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
Exhibits
16.1 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated June 14, 2002, filed herewith.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ADMINISTRATIVE COMMITTEE OF THE
SEI INVESTMENTS CAPITAL ACCUMULATION PLAN
By: /s/ Carmen V. Romeo
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Carmen V. Romeo
Authorized Signatory
Dated: June 10, 2002