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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, 1997
CA Short Company
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Commission File Number 0-21717
Incorporated - Delaware IRS Identification Number 56-0526145
4205 East Dixon Boulevard, Shelby, North Carolina 28150
Registrant's telephone number, including area code (704) 482-9591
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) Previous Independent Accountants
(i) On July 17, 1997, CA Short Company (the "Registrant") dismissed
Deloitte & Touche LLP as its principal independent accountant.
(ii) The reports of Deloitte & Touche LLP on the financial statements for
the past two fiscal years contained no adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty or audit
scope. The report dated March 3, 1997 of Deloitte & Touche LLP on the
1996 and 1995 financial statements expressed an unqualified opinion,
and included an explanatory paragraph for a change in accounting
principle.
(iii) The Registrant's Board of Directors participated in and approved the
decision to change independent accountants.
(iv) In connection with its audits for the two most recent fiscal years and
through July 17, 1997, there have been no disagreements with Deloitte &
Touche LLP 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 Deloitte & Touche
LLP would have caused them to make reference thereto in their report on
the financial statements for such years.
(v) During the two most recent fiscal years and through July 17, 1997,
there have been no reportable events (as defined in Regulation S-K Item
304 (a) (1) (v) ) by Deloitte & Touche LLP.
(vi) The Registrant has requested that Deloitte & Touche LLP furnish it with
a letter addressed to the SEC stating whether or not it agrees with the
above statements. A copy of such letters, dated July 17, 1997, are
filed as Exhibit 16 (a) and 16 (b) to this Form 8-K.
(b) New Independent Accountants
CA Short Company engaged Hausser & Taylor as its new independent
accountants as of July 18, 1997. During the two most recent fiscal
years and through July 18, 1997, the Registrant has not consulted with
Hausser & Taylor on items which (1) were or should have been subject to
Statement on Auditing Standards No. 50 or (2) concerned the subject
matter of a disagreement or reportable event with the former auditors.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
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(c) Exhibits
16(a) Letter to Deloitte & Touche LLP dated July 17, 1997, requesting that
they read this Form 8-K and inform the SEC of their agreement or lack
of agreement with the statements made on this Form 8-K.
16(b) Letter from Deloitte & Touche LLP to the SEC regarding their agreement
with the statements made in Form 8-K will be filed when received.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CA Short Company
Date: July 23, 1997
/s/ Jeffrey A. Ross
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Jeffrey A. Ross, CFO
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EXHIBIT 16(a)
[CA SHORT COMPANY LETTERHEAD]
July 17, 1997
Mike Pacetti
Deloitte & Touche LLP
Suite 1200
201 East Kennedy Boulevard
Tampa, FL 33602-5821
Dear Mr. Pacetti:
Attached is a copy of the CA Short Company's SEC Form 8-K filed in reference to
our change in independent accountants. Please review the statements contained in
4(a). Please furnish CA Short Company with a letter addressed to the SEC stating
whether or not you agree with the statements.
Thank you on behalf of CA Short Company.
Sincerely,
Jeff A. Ross
Chief Financial Officer
CA Short Company
JAR/pj
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EXHIBIT 16(b)
[DELOITTE & TOUCHE LLP LETTERHEAD]
July 21, 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(a) numbers (i), (ii), (iv)
and (v) of Form 8-K of CA Short Company dated July 17, 1997. We have no comment
regarding Items 4(a)(iii), 4(a)(vi) and 4(b).
Yours truly,
/s/ Deloitte & Touche LLP
