SIRCO INTERNATIONAL CORP
8-K, 1995-04-12
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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) April 3, 1995
                                                 -------------

                           Sirco International Corp.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


        New York                        0-4465                   13-2511270
- --------------------------------------------------------------------------------
(State or other jurisdiction         (Commission                IRS Employer
of incorporation)                    File Number)            Identification No.)


  24 Richmond Hill Avenue, Stamford, Connecticut         06901
- --------------------------------------------------------------------------------
(Address of principal executive offices)               (Zip Code)


Registrant's telephone number, including area code:(203) 359-4100
                                                         --------

            10 West 33rd Street, Suite 606, New York, New York 10001
- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)


Exhibit Index is located at page 4 herein.
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant.

        (a) Effective April 3, 1995, Sirco  International Corp. (the "Company"),
has dismissed the independent accounting firm of Ernst & Young, LLP ("E&Y"), who
have been the Company's  independent  auditors  commencing with the annual audit
for the  fiscal  year  1991.  In their  place,  the  Company  has  retained  the
independent accounting firm of Nussbaum Yates & Wolpow, P.C.  ("Nussbaum").  The
appointment of Nussbaum was effective April 3, 1995 and will apply for the audit
for the Company's fiscal year ending November 30, 1995.

        (b) Neither  during the audit of the  Company's  two most recent  fiscal
years nor during any subsequent interim period have there been any disagreements
with  E&Y on  any  matter  of  accounting  principles  or  practices,  financial
statements disclosure or auditing scope or procedure.

        (c) E&Y's reports on the Company's financial statements for the last two
fiscal  years did not  contain  any adverse  opinion,  disclaimer  of opinion or
qualification of any type.

        (d) The Company has requested E&Y to furnish it with a letter  addressed
to the Securities and Exchange Commission stating whether or not they agree with
the  statements  made by the Company in this  report  and,  if not,  stating the
respects in which they do not agree.  Their response will be filed as an exhibit
to this report by an amendment hereto.

        (e) The change in independent  accountants was approved by the Company's
Board of Directors.


Item 7. Financial Statements, Pro Forma Financial Information
        and Exhibits.

        (a) Not applicable.

        (b) Not applicable.

        (c) Exhibits.

            16 - Letter from the Company's former accountants,
                 Ernst & Young, LLP, stating that they agree with
                 the contents of this report on Form 8-K.1





- -----------
(1) To be filed by amendment.
<PAGE>
                                   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.




Dated:  April 3, 1995                                  SIRCO INTERNATIONAL CORP.


                                                           By: /s/Joel Dupre
                                                              ------------------
                                                              Joel Dupre
                                                              Chairman of the
                                                              Board and Chief
                                                              Executive Officer

<PAGE>


                                    EXHIBITS


16. Letter from the Company's former
    accountants, Ernst & Young, stating
    that they agree with the contents of
    this report on Form 8-K                                    *



- -----------------------------
*   To be filed by amendment.




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