UNITED STATES
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: NOVEMBER 8, 1999
THE IDAHO COMPANY
(Exact name of registrant as specified in its charter)
Idaho 33-11309 82-0410913
(State or other jurisdiction (Commission (IRS Employer
of incorporation or organization) File Number) Identification No.)
9512 Fairview Avenue
P.O. Box 6812
Boise, Idaho 83707
(Address of principal (Zip Code)
offices)
Registrant's telephone number, including area code: (208) 375-8099
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective November 8, 1999, The Idaho Company (the "Company") engaged Deloitte
& Touche LLP to be its principal accountants to audit the Company's financial
statements, replacing the Company's former principal accountants KPMG LLP.
The Company hereby undertakes that during the Company's two most recent
fiscal years, and during any subsequent interim period prior to engaging
such accountants, neither the Company nor any other person acting on its
behalf has consulted the newly engaged accountants regarding either
(i) 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 Company's financial statements, and no written report or
oral advice was provided to the Company that the new accountants concluded
was an important factor considered by the Company in reaching a decision
as to the accounting, auditing or financial reporting issue; or (ii) no
matter was either the subject of a disagreement (as defined in Item
304(a)(1)(iv) of Regulation S-K, or a reportable event(as described in
Item 304(a)(1)(v) of Regulation S-K), except that the Company and
KPMG LLP disagreed as to the accounting treatment related to gain
recognition of a real estate transaction in the Company's 1998 financial
statements; however, the disagreement was ultimately resolved to the
satisfaction of KPMG LLP.
During this time, a committee of the Board of Directors discussed the
subject matter with KPMG LLP and the Company has authorized KPMG LLP
to respond fully to any inquiries of Deloitte & Touche LLP concerning
the disagreement.
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 IDAHO COMPANY
Date: November 8, 1999
/s/Diane Rigby
Diane Rigby
President
