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): October 25, 2006
PROVIDENCE SELECT FUND, LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in Charter)
________________________________________
DELAWARE 333-119635 20-0069251
(State or Other (Commission File No.) (IRS Employee
Jurisdiction of Identification No.)
Incorporation
or Organization)
505 Brookfield Drive
Dover, Delaware 19901
(Address of Principal Executive Offices)
(800) 331-1532
(Issuer Telephone Number)
None
(Former name or former address, if changed since last report.)
[ ] 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))
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Item 1. Registrant's Business and Operations.
None.
Item 2. Financial Information.
None.
Item 3. Securities and Trading Markets.
None.
Item 4. Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant
(a) Previous Independent Auditor: Frank L. Sassetti & Co.
(i) On October 6, 2006, the board of directors of White Oak Financial
Services, Inc., the general partner of Providence Select Fund, LP
(the "Fund"), approved the change in independent auditor from Frank L.
Sassetti & Co., certified public accountants, Oak Park, Illinois 60302
("Sassetti") to Jordan, Patke & Associates, Ltd., certified public
accountants, 300 Village Green Drive Ste 210, Lincolnshire, IL 60069-3090
("Jordan Patke"), to improve the efficiency of operation and centralize all
work performed for Funds of the managers in a single independent auditor. By
notice provided on October 19, 2006, the Fund terminated the services of
Sassetti subject to receipt of a letter from Sassetti to confirm that their
were no adverse business issues attendant to the change in auditors. By
letter dated October 20, 2006 that was received by the Fund on October 25,
2006, Sassetti confirmed that the termination was made in the normal course
of business without any adverse business issues. See the letter from
Sassetti attached as Exhibit 23.1.
(ii) Management of the Fund has not had any disagreements with Sassetti
related to any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure or any other matter
related to the audit of the Fund. For the most recent fiscal year and any
subsequent interim period through the effective date of the change in
auditors, there has been no disagreement between the Fund and Sassetti on any
matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedure or any other matter related to the audit of
the Fund, which disagreement, if not resolved to the satisfaction of Sassetti
would have caused it to make a reference to the subject matter of the
disagreement in connection with its reports.
(iii) The Fund's management participated in and approved the decision to
change independent accountants.
(iv) In connection with its review of financial statements through June 30,
2006, there have been no disagreements with Sassetti on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, or any other matter which disagreement, if not
resolved to the satisfaction of Sassetti, would have caused them to make
reference thereto in their report on the financial statements.
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(v) During the most recent review period and the interim period up to the
date of this Form 8-K, there have been no reportable events with the Fund as
set forth in Item 304(a)(i)(v) of Regulation S-K.
(vi) The Fund requested that Sassetti furnish it with a letter addressed to
the SEC stating whether or not it agrees with the above statements. A copy
of the letter from Sassetti is filed as Exhibit 23.1 to this Form 8-K.
(b) New Independent Auditor: Jordan, Patke & Associates, Ltd.
(i) The engagement of Jordan Patke as the Fund's new independent auditor
became effective upon the resignation of Sassetti, subject to completion of
all regulatory requirements attendant to the change in auditor by a commodity
pool whose units are publicly sold but are not, thereafter, actively traded.
Investors rely upon the Fund redemption provisions to obtain a return of
their investment. Prior to such effective date, the Fund did not consult with
Jordan Patke regarding (i) the application of accounting principles, (ii) the
type of audit opinion that might be rendered by Jordan Patke or (iii) any
other matter. There were no disagreements between the Fund and its former
auditor as described in Item 304(a)(1)(iv) of Regulation S-B or any other
matter.
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a
Related Audit Report or Completed Interim Review.
None.
Item 5. Corporate Governance and Management.
None.
Item 6. Asset-Backed Securities.
None.
Item 7. Regulation FD.
None.
Item 8. Other Events.
None.
Item 9. Financial Statements and Exhibits.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Form 8-K report to be signed on its behalf by
the undersigned hereunto duly authorized.
Registrant: Providence Select Fund, Limited Partnership
By White Oak Financial Services, Incorporated
Its General Partner
By: /s/ Michael Pacult
Mr. Michael Pacult
Sole Director, Sole Shareholder,
President, and Treasurer of the General
Partner
Date: October 25, 2006
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