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): DECEMBER 2, 1997
KIDDIE ACADEMY INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-14052 52-1938283
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)
108 WHEEL ROAD, BEL AIR, MARYLAND 21015
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 515-0788
NOT APPLICABLE
(Former name or former address, if changed since last report)
<PAGE>
ITEM 1 THROUGH 3. NOT APPLICABLE.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
On November 18, 1997, the Company's Board of Directors voted to dismiss
Deloitte & Touche, LLP as the Company's independent auditing firm. The Board
received a letter confirming the dismissal from Deloitte & Touche on December 2,
1997. The Board of Directors has chosen Grant Thornton, LLP as the Company's new
independent auditors.
In connection with the audits of the two fiscal years ended September
29, 1996 and September 30, 1995 and the subsequent interim period through
December 2, 1997, there were no disagreements with Deloitte & Touche on any
matter of accounting principles or practices, financial statement disclosures,
or auditing scope or procedures, which disagreements if not resolved to their
satisfaction would have caused them to make reference in connection with their
opinion to the subject matter of disagreements.
The audit reports of Deloitte & Touche on the consolidated financial
statements of Kiddie Academy International, Inc. and subsidiaries as of and for
the years ended September 29, 1996 and September 30, 1995 did not contain any
adverse opinion or disclaimer of opinion, nor were they qualified as to
uncertainty, audit scope, or accounting principles. The Company has requested
Deloitte & Touche to furnish a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements. A copy of that
letter, dated December 8, 1997, is filed as Exhibit 16 to this Form 8-K.
ITEMS 5 AND 6. NOT APPLICABLE.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 16 Letter from Deloitte & Touche
ITEMS 8 AND 9. NOT APPLICABLE.
<PAGE>
SIGNATURE
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.
KIDDIE ACADEMY INTERNATIONAL, INC.
Date: December 3, 1997 By: /s/ Michael J. Miller
----------------------
Michael J. Miller
President
<PAGE>
EXHIBIT INDEX
Exhibits
- --------
16 Letter from Deloitte & Touche
Deloitte &
Touche LLP ----------------------------------------------------------
[LOGO] Suite 1100 Telephone: (410) 576-6700
2 Hopkins Plaza Facsimilie: (410) 837-0510
Baltimore, Maryland 21201-2983 ITT Telex: 4995614
December 8, 1997
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of Kiddie Academy
International, Inc. dated December 2, 1997.
Yours truly,
/s/ Deloitte & Touche LLP
- -------------------------
DELOITTE & TOUCHE LLP
- ---------------
Deloitte Touche
Tohmatsu
International
- ---------------
