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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 and Exchange Act of 1934
September 30, 1997
----------------------------------------------------
Date of Report (date of earliest event reported)
INTERSCIENCE COMPUTER CORPORATION
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
California 1-12312 95-3880130
- --------------- ---------------- --------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
Incorporation) Number)
5171 Clareton Drive, Agoura Hills,
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California 91301 (Address of
principal executive offices)
(818) 707-2000
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(Registrant's telephone number,
including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective September 30, 1997, the Company dismissed Hollander, Gilbert
& Co. as the Company's independent accountants, and engaged BDO Seidman as the
Company's new independent accountants. Prior to the engagement of BDO Seidman,
neither the Company nor anyone on its behalf consulted with that firm regarding
the application of accounting principles to a specified completed or
contemplated transaction, or the type of audit opinion that might be rendered on
the Company's financial statements.
None of the reports on the Company's financial statements for either
the two fiscal years ended September 30, 1995 or September 30, 1996 contained an
adverse opinion or a disclaimer of opinion, or were modified as to uncertainty,
audit scope or accounting principles. During the above mentioned audit
engagements and the subsequent interim period through September 30, 1997, there
were no disagreements with Hollander, Gilbert & Co. 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
Hollander, Gilbert & Co. would have caused Hollander, Gilbert & Co. to make
reference to the subject matter of the disagreements in connection with the
firm's reports on the Company's financial statements. In addition, there were no
such events as described under item 304(a)(1)(IV)(B) of Registration S-B during
the fiscal years 1996 and 1995 and the subsequent interim periods through
September 30, 1997.
The decision to change accountants was approved by the Company's Board
of Directors.
The Company has provided Hollander, Gilbert & Co. with a copy of the
disclosures contained herein, and has requested the firm to furnish the Company
a letter addressed to the United States Securities and Exchange Commission
stating whether they agree with the statements made by the Company in response
to Item 304(a) and, if not, stating the respects in which it does not agree. A
copy of such letter is attached as an exhibit to this current report on Form
8-K.
2
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits:
<TABLE>
<CAPTION>
Exhibit
Number Description
------- -----------
<S> <C>
16.1 Letter from Hollander, Gilbert & Co. addressed to the
Securities and Exchange Commission
</TABLE>
3
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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.
INTERSCIENCE COMPUTER CORPORATION
By /s/ Frank J. LaChapelle
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Frank J. LaChapelle, Chief Executive
Officer
Dated: October 1, 1997
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit
Number Description
------- -----------
<S> <C>
16.1 Letter from Hollander, Gilbert & Co.
addressed to the Securities and Exchange
Commission
</TABLE>
5
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EXHIBIT 16.1
Securities and Exchange Commission Mail Stop 9-5 Washington, DC 20549
Dear Sirs/Madam:
We have read Item 4 of Form 8-K of Interscience Computer Corporation
dated September 30, 1997, and agree with the statements made in paragraph 2.
/s/ Hollander, Gilbert & Co.
Hollander, Gilbert & Co.
Los Angeles, California
October 1, 1997
