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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): July 23, 1996 (July 19, 1996)
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BUILDERS WAREHOUSE ASSOCIATION, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Colorado 0-2108-2 84-1090968
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(STATE OR JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
2800 28th STREET, #100, SANTA MONICA, CALIFORNIA 90405
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (310) 453-4371
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Item 4. Changes in Registrant's Certifying Account
a. On July 19, 1996, notice was received that effective July 16, 1996,
Jay J. Shapiro, CPA ("Shapiro"), resigned as certifying accountant for
Builders Warehouse Association, Inc. (a Colorado corporation) ("BWAI").
Shapiro's report on BWAI's financial statements for the year ended May 31,
1995, which was the only fiscal year during which Shapiro was the certifying
accountant for BWAI, and all subsequent interim periods preceding the date
hereof contained no adverse opinion or disclaimer of opinion, and was not
qualified as to uncertainty, audit scope or accounting principles.
During the year ended May 31, 1995, which was the only year during
which Shapiro was the certifying accountant for BWAI, and all subsequent
interim periods preceding the date hereof, there were no disagreements between
BWAI and Shapiro on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope of procedure, which
disagreements, if not resolved to the satisfaction of Shapiro, would have
caused him to make a reference to the subject matter of the disagreements in
connection with its reports.
None of the "reportable events" described in Item 304(a)(1)(ii)
occurred with respect to BWAI within the most recent fiscal year end and the
subsequent interim periods to the date hereof.
b. Effective June 20, 1996, BWAI engaged Weinbaum & Yalamanchi ("WY")
as its principal accountants. During the most recent fiscal year end and the
subsequent interim periods to the date hereof, BWAI did not consult WY
regarding any of the matters or events set forth in item 304(a)(2)(i) and (ii)
of Regulation SB. The decision to engage WY was approved by the Board of
Directors of BWAI.
Item 7. Exhibits
Exhibit 16.1 Letter from Jay J. Shapiro, CPA to the Securities and
Exchange Commission dated July 16, 1996.
Exhibit 16.2 Letter from Jay J. Shapiro, CPA concurring with
Item 4(a).
Signature
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.
Builders Warehouse Association, Inc.
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(Registrant)
Date: July 23, 1996 By: /s/ Barry Witz
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Barry Witz
Chief Executive Officer
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JAY J. SHAPIRO, C.P.A.
A Professional Corporation
16501 Ventura Boulevard
Suite 650
Encino, California 91436
Tel. (818) 990-4878 Fax (818) 990-4944
July 16, 1996
Barry Witz
Chief Executive Officer
Builders Warehouse Association, Inc.
2800 28th Street, Suite 100
Santa Monica, California 90405
Dear Mr. Witz:
This is to confirm that my firm has resigned effective this date and
the client-auditor relationship between Builders Warehouse Association Inc. and
Jay J. Shapiro, CPA, as professional corporation and/or The Shapiro Group has
ceased.
Sincerely,
/s/ Jay J. Shapiro
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Jay J. Shapiro
a professional corporation
JJS:aar
cc: Chief Accountant -- Securities & Exchange Commission
AICPA -- SEC Practice Section
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Jay J. Shapiro, C.P.A.
A Professional Corporation
16501 Ventura Boulevard
Suite 650
Encino, California 91436
Tel. (818) 990-4878 Fax (818) 990-4944
July 23, 1996
Barry Witz
Chief Executive Officer
2800 28th Street, Suite 100
Santa Monica, California 90405
I agree with the statements made by the registrant in Item #4(a) of Form 8-K of
Builders Warehouse Association, Inc. dated July 23, 1996.
/s/ Jay J. Shapiro
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Jay J. Shapiro
a professional corporation
JJS:aar
