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): November 20, 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 (Commission File No.) (IRS Employer ID No.)
of 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 September 13, 2000, Frontier Adjusters of America, Inc., an Arizona
corporation ("Frontier"), filed a Current Report on Form 8-K, as amended, to
report a change in its independent accountant from McGladrey & Pullen LLP
("M&P") to PricewaterhouseCoopers, LLP ("Price"). Upon deciding to discontinue
the merger of Frontier with United Financial Adjusting Company, Frontier's Board
reevaluated its decision to change accountants.
On November 20, 2000, the Board of Directors of Frontier voted to retain
M&P as Frontier's independent principal accountant for the current fiscal year,
rather than changing accountants and to recommend M&P to the shareholders as
Frontier's independent principal accountant.
Price did not perform any accounting services for Frontier and never
reported on the financial statements of Frontier or indicated that its opinion
would contain any adverse opinion or disclaimer of opinion or would be qualified
or modified as to uncertainty, audit scope or accounting principle. There have
been no disagreements between Price 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.
Frontier has provided Price with a copy of this Form 8-K contemporaneously
with its filing with the SEC. Upon receipt of a letter in response from Price,
Frontier will file an amendment to this Form 8-K.
ITEM 4(b). NEW INDEPENDENT ACCOUNTANT
On August 29, 2000, Frontier selected Price as Frontier's independent
public accountants. On November 20, 2000, Frontier's Board reconsidered its
decision to change auditors. On November 20, 2000, the Board approved and
recommended the same to the Shareholders to vote on at their upcoming annual
meeting.
M&P audited Frontier's financial statements during the two most recent
fiscal years. During this period M&P has been consulted on matters relating to
their role as auditors, but has not been consulted with regard to any matter or
advice rendered by Price on 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.
Pursuant to the requirements of the Securities Exchange Act of 1934,
Frontier has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: November 21, 2000 FRONTIER ADJUSTERS OF AMERICA, INC.
By: /s/ John M. Davies
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John M. Davies
Its: Chairman of the Board, CEO and President
