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): April 17, 1998
PACIFIC AEROSPACE & ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
Washington 0-26088 91-1744587
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation or
organization)
434 Olds Station Road, Wenatchee, WA 98801
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number,
including area code: (509) 667-9600
(Former name or former address, if changed since last report)
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Item 4. Change in Registrant's Certifying Accountant
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Moss Adams LLP was previously the principal independent accountant for
Pacific Aerospace & Electronics, Inc. On April 17, 1998, the appointment of Moss
Adams LLP was terminated, and KPMG Peat Marwick was engaged, as the Company's
principal independent accountant. The decision to change principal independent
accountants was approved by the audit committee of the Company's Board of
Directors.
In connection with the audits for fiscal years ended May 31, 1996 and May
31, 1997, and the subsequent interim period through April 17, 1998:
(a) the reports of Moss Adams LLP contained no adverse opinion or
disclaimer of opinion, or modification as to uncertainty, audit scope or
accounting principles; and
(b) there were no disagreements with Moss Adams LLP on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedures, which, if not resolved to the satisfaction of Moss Adams
LLP, would have caused it to make reference to the subject matter of the
disagreement in connection with its reports.
Item 7. Financial Statements and Exhibits
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A. Financial Statements
None required.
B. Exhibit
The letter from Moss Adams LLP required to be filed as an exhibit to
this Current Report pursuant to Item 304(a)(3) of Regulation S-K
shall be filed by amendment to this Current Report within the time
period specified by such Item.
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.
PACIFIC AEROSPACE & ELECTRONICS, INC.
By: NICK A. GERDE
-------------------------------------
Nick A. Gerde
Vice President Finance and Chief
Financial Officer
Dated: April 22, 1998
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