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): September 28, 1998
SMITH CORONA CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-10281 51-0286862
- -------- ------- ----------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
839 Route 13 South, Cortland, New York 13045
(Address of principal executive offices) (zip code)
(607) 753-6011
(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant
DESCRIPTION OF TRANSACTION
On September 17, 1998, the Smith Corona Corporation Board of Directors
and audit committee approved KPMG Peat Marwick LLP as its independent
public accountants for the fiscal year ending June 30, 1999. KPMG Peat
Marwick LLP will replace Deloitte & Touche LLP upon completion of the
audit of the Company's consolidated financial statements for the fiscal
year ended June 30, 1998.
The audit reports of Deloitte & Touche LLP on the Company's consolidated
financial statements for the two fiscal years ended June 30, 1998 and 1997 did
not contain any adverse or disclaimers of opinion. The opinion for the year
ended June 30, 1997, did contain an emphasis of a matter relating to the
successful implementation of the Company's reorganization plan upon emergence
from bankruptcy.
In connection with the audits of the Company's consolidated financial
statements for the fiscal years ended June 30, 1998 and 1997, and the subsequent
interim period through September 28, 1998, there were no disagreements with
Deloitte & Touche LLP on any matters of accounting principles or practices,
financial statements disclosure, or auditing scope and procedures.
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.
SMITH CORONA CORPORATION
September 29, 1998
By: /s/ Martin D. Wilson
Martin D. Wilson
Vice President/Controller
(Principal Accounting Officer)
Exhibit Index
16 Letter from Deloitte & Touche LLP regarding change in Certifying
Accountants.
Exhibit 16
September 29, 1998
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sir/Madam:
We have read and agree with the comments in Item 4 of Form 8-K
of Smith Corona Corporation dated September 29, 1998.
Yours truly,
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Stamford, CT
