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): JANUARY 15, 1996
WASHINGTON SCIENTIFIC INDUSTRIES, INC.
Minnesota 0-619 41-0691607
(State or other jurisdiction (Commission File (IRS Employer
of incorporation Number) Identification Number)
2605 W. WAYZATA BOULEVARD, LONG LAKE, MINNESOTA 55356
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (612) 473-1271
Items 1, 2, 3, 5, 6 and 8 are not applicable and therefore omitted.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On January 11, 1996, Washington Scientific Industries, Inc. ("WSI") terminated
the services of Deloitte & Touche LLP as its principal accountant and engaged
Ernst & Young LLP as its principal accountant to audit its financial statements
for the fiscal year ending August 25, 1996. The decision to change accountants
was approved by both the WSI Audit Committee of the Board of Directors and the
full Board of Directors.
In connection with the audits of the fiscal year ended August 27, 1995 and the
fiscal year ended August 28, 1994, and in the subsequent interim period through
the date of dismissal, there were no disagreements with Deloitte & Touche LLP on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures.
Deloitte & Touche LLP's report on the consolidated financial statements as of
and for the years ended August 27, 1995 and August 28, 1994, did not contain any
adverse opinion or disclaimer of opinion, nor was it qualified as to
uncertainty, audit scope, or accounting principles.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 1. Deloitte & Touche LLP Letter re Change In Certifying Accountant.
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.
WASHINGTON SCIENTIFIC INDUSTRIES, INC.
Date: January 15, 1996 /s/ William J. Lucke
------------------------
William J. Lucke
Vice President and Treasurer
Exhibit 1
January 15, 1996
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 Washington
Scientific Industries, Inc. dated January 15, 1996.
Yours truly,
/s/ Deloitte & Touche LLP
