SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): September 6, 2000
FRONTIER ADJUSTERS OF AMERICA, INC.
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(Exact name of registrant as specified in its charter)
Arizona 1-12902 86-0477573
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(State or other jurisdiction of (Commission File No.) (IRS Employer ID No.)
incorporation)
45 East Monterey Way, Phoenix, Arizona 85011
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (602) 264-1061
(Not Applicable)
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(Former name or former address, if changed since last report)
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FRONTIER ADJUSTERS OF AMERICA, INC.
FORM 8-K
CURRENT REPORT
ITEM 4(a). PREVIOUS INDEPENDENT ACCOUNTANT
On August 29, 2000, the Board of Directors of Frontier Adjusters of
America, Inc., an Arizona corporation ("Frontier"), voted to not retain
McGladrey & Pullen, LLP ("M&P") as Frontier's independent principal accountant
for the current fiscal year but rather to recommend PricewaterhouseCoopers, LLP
to the shareholders as Frontier's independent principal accountant. The decision
not to retain M&P was communicated by Frontier to M&P on September 6, 2000.
Frontier may continue to consult with M&P on accounting and financial matters.
M&P's report on the financial statements of Frontier for the year ended
June 30, 2000 did not contain any adverse opinion or disclaimer of opinion and
was not qualified or modified as to uncertainty, audit scope or accounting
principle. In connection with the audits by M&P of Frontier's financial
statements for the two most recent fiscal years and the subsequent interim
period through August 29, 2000, there have been no disagreements between M&P and
Frontier on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure. The term "disagreement" is
utilized in accordance with Item 304 of Regulation S-K.
M&P has provided Frontier with a letter confirming its termination as
Frontier's independent principal accountant, a copy of which was provided to the
SEC by M&P. Such letter is attached hereto as Exhibit 16.1.
ITEM 4(b). NEW INDEPENDENT ACCOUNTANT
On August 29, 2000, Frontier selected PricewaterhouseCoopers, LLP ("Price")
as Frontier's independent public accountants. The decision to change auditors
was approved by Frontier's Board of Directors on August 29, 2000 and recommended
to the Shareholders to vote on at their upcoming annual meeting.
During the two most recent fiscal years and the subsequent interim period
through August 29, 2000, neither Frontier nor anyone on behalf of Frontier
consulted with Price regarding either the application of accounting principles
to a specified transaction, either completed or proposed, or the type of audit
opinion that might be rendered on the financial statements of Frontier or any
matter that was either the subject of a disagreement, within the meaning of Item
304(a)(1)(iv) of Regulation S-K, or any reportable event, as that term is
defined in Item 304(a)(1)(v) of Regulation S-K.
ITEM 7.(c) EXHIBITS
16.1 Letter of McGladrey & Pullen, LLP regarding change in certifying
accountant.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: September 12, 2000 FRONTIER ADJUSTERS OF AMERICA, INC.
By: /s/ Troy M. Huth
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Troy M. Huth
Its: President
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