SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): February 6, 1995
Adience, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 33-72024 14-1671486
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(State or other (Commission (IRS Employer
jurisdiction of incorporation) File Number) Identification Number)
1305 Grandview Avenue
Pittsburgh, Pennsylvania 15211
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: 412-381-2600
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CURRENT REPORT ON FORM 8-K
ADIENCE, INC.
February 6, 1995
Item 4. Change in Registrant's Certifying Accountant
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(a)(i) The Registrant and its former auditors, Price Waterhouse
LLP ("PW"), mutually agreed on February 6, 1995 to
terminate their relationship.
(ii) During the Registrant's past two fiscal years, PW's
reports on the Registrant's financial statements neither
contained any adverse opinions or disclaimers of opinions
nor were qualified or modified as to uncertainty.
(iii) The decision to terminate its relationship with PW was
approved by the Board of Directors of the Registrant on
February 6, 1994.
(iv) During the past two fiscal years, and through February 6,
1995, there were no disagreements with PW 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 PW
would have caused them to make reference to the subject
matter of the disagreements in connection with their
reports.
(v) The Registrant has requested that PW furnish it with a
letter addressed to the SEC stating whether or not it
agrees with the above statements. A copy of such letter
dated February 6, 1995 is filed as Exhibit 16 to this Form
8-K.
(b)(i) Pursuant to action approved by the Registrant's Board of
Directors, the Registrant retained Arthur Andersen & Co.
as its auditors as of February 6, 1995.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits.
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Exhibit No. Description
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16 Letter regarding change in certifying
accountant.
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Item 8. Change in Fiscal Year
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On February 6, 1995, the Board of Directors of the Registrant
determined to change the fiscal year end of the Registrant from April 30 to
December 31 of each year, commencing with the fiscal year ended December 31,
1994. The Registrant will file its Annual Report on Form 10-K for the fiscal
year ended December 31, 1994 within 90 days after the end of such fiscal year.
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 thereunto duly authorized.
ADIENCE, INC.
Date: February 6, 1995 By: /s/ Stephen M. Johnson
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Stephen M. Johnson
President and Chief Operating Officer
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[PRICE WATERHOUSE LETTERHEAD]
February 6, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of Adience, Inc.'s Form 8-K, dated February 6, 1995, and
are in agreement with the statements contained in paragraph 4(a) therein.
Very truly yours,
/s/ Price Waterhouse LLP
Price Waterhouse LLP
