SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549


                                   FORM 8-K/A

                                 CURRENT REPORT


         Pursuant to Section 13 or 15(d) of the Securities Exchange Act



                                  August 7, 2001
                        (Date of Earliest Event Reported)


                             VENTURES NATIONAL, INC.
             (Exact Name of Registrant as Specified in its Charter)


          Utah                        2-98075-D             87-0433444
   (State or other Jurisdiction) (Commission File No.) (IRS Employer I.D. No.)



                         5525 SOUTH 900 EAST, SUITE 110
                           SALT LAKE CITY, UTAH 84117
                      (Principal Executive Office Address)


        Registrant's Telephone Number, Including Area Code: (801)262-8844






Item 1.   Changes in Control of Registrant.

          None; not applicable.

Item 2.   Acquisition or Disposition of Assets.

          None; not applicable.

Item 3.   Bankruptcy or Receivership.

          None; not applicable
Item 4.   Changes in Registrant's Certifying Accountant.

     Mantyla McReynolds,  Certified Public Acountants,  of Salt Lake City, Utah,
has been  retained to audit the  financials  of the  Registrant  as of August 7,
2001,  the change of auditor was  approved  by majority  consent of the board of
directors.  Mantyla  McReynolds are auditing the financial  statements  that the
Registrant  has  prepared  for the  calendar  year  ended  June  30,  2001;  The
Registrant  has contacted its previous  auditor,  Thurman Shaw & Co.,  Certified
Public  Accountants,  and there are no disagreements  between the Registrant and
the previous auditor,  Thurman Shaw & Co., whether resolved or not resolved,  on
any  matter  of  accounting   principles  or  practices,   financial   statement
disclosures  or  auditing  scope or  procedure,  which  would cause them to make
reference  to the subject  matter of a  disagreement  in  connection  with their
reports for the two most recent  fiscal years and the  subsequent  interim peiod
prededing their resignation.  Furthermore,  the former accountant's  reports for
the  financial  statements  for either of the past two years did not  contain an
adverse  opinion or a disclaimer  of opinion or was  qualified or modified as to
uncertainty, audit scope or accounting principles.

     It is not anticipated that the reports of Mantyla McReynolds,  will contain
any adverse  opinion or disclaimer or opinion,  with the exception of a standard
"going concern" qualification, if applicable.

     The  registrant  has  provided  Thurman Shaw & Co.,  with a copy of the
disclosure  provided  under this caption of this  Report,  and has advised it to
provide the  Registrant  with a letter  addressed to the Securities and Exchange
Commision as to whether it agrees or disagrees with the disclosure  made herein.
A copy of its  response  is  attached  hereto  and  incorporated  herein by this
reference. See item 7.

Item 5.   Other Events.

          None; not applicable.

Item 6.   Resignations of Directors and Executive Officers.

          None; not applicable

Item 7.   Financial Statements and Exhibits.

          Financial Statements.
          ---------------------

          None; not applicable.

          Exhibits.
          ---------

          Description of Exhibits                            Exhibit #
          -----------------------                            ---------

          Letter on change in Certifying Accountants            16


Item 8.   Change in Fiscal Year.

          None; not applicable.



                                   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.

                                   VENTURES NATIONAL, INC.


Date:   8/22/01                     /S/ LUKE BRADLEY
     ---------------                --------------------------------------
                                    LUKE BRADLEY, VICE PRESIDENT AND DIRECTOR