DWYER GROUP INC
8-K/A, 1995-08-11
INVESTORS, NEC
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  -----------

                                  FORM 8-K/A
                                AMENDMENT NO. 1

                                CURRENT REPORT
               Pursuant to Section 13 or 15(d) of the Securities
                             Exchange Act of 1934

                                  -----------

                                 JULY 31, 1995
                               (Date of report)


                             THE DWYER GROUP, INC.
            (Exact name of registrant as specified in its charter)


   DELAWARE                       0-15227                  73-0941783
(State or other                 (Commission              (IRS employer
jurisdiction of                 file number)           identification no.)
incorporation or
 organization)


                        1020 N. UNIVERSITY PARKS DRIVE
                                WACO, TX 76707
                   (Address of principal executive offices)

                                (817) 756-2122
                       (Registrant's telephone number, 
                             including area code)

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     ITEM 4.   CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

     Effective July 31, 1995, the Board of Directors of the Registrant appointed
Coopers & Lybrand L.L.P. as its independent public accountants. The Registrant 
has not consulted Coopers & Lybrand L.L.P. prior to such appointment with 
respect to any matter of accounting principles or practices, financial statement
disclosure, auditing scope or procedure, or any disagreement with the 
Registrant's independent public accountants. From 1989 until such date, the 
Company had engaged Grant Thornton LLP as its independent public accountants. 
During the period of the engagement of Grant Thornton LLP by the Registrant, 
there were no disagreements between Grant Thornton LLP and the Registrant 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 Grant Thornton would have caused them to make reference to the 
disagreements in any of their financial reports to the Registrant. In addition, 
no report on the financial statements of the Registrant rendered by 
Grant Thornton contained an adverse opinion or a disclaimer of opinion or was 
qualified or modified as to uncertainty, the scope of audit performed, or 
accounting principles.


     ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

               (a)   Not applicable.

               (b)   Not applicable.

               (c)   Exhibits.

                     16.1 - Letter of Grant Thornton regarding change in 
                            certifying accountant.

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                                  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.


                                          THE DWYER GROUP, INC.


Dated: August 11, 1995                 By:   /s/ STEPHEN E. BEATTY
                                          -------------------------------------
                                          Stephen E. Beatty
                                          Chief Financial Officer and Treasurer


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                   [GRANT THORNTON LETTERHEAD APPEARS HERE]


August 8, 1995

Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549

RE:    The Dwyer Group, Inc.
       File No. 0-15227


Gentlemen:

We have read Item 4 of the Form 8-K of The Dwyer Group, Inc. dated July 31, 
1995, and agree with the statements contained therein.

Very truly yours,


/s/ Grant Thornton LLP



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