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
January 7, 2000
Date of Report (Date of earliest event reported)
HIRSCH INTERNATIONAL CORP.
(Exact name of Registrant as specified in its charter)
Delaware 0-23434 11-2230715
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
200 Wireless Boulevard
Hauppauge, New York 11788
(516) 436-7100
(Registrant's telephone number, including area code)
Page 1 of 2 Pages
Exhibit Index Appears at Page 2
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Item 4. Changes in the Registrant's Certifying Accountant
On January 7, 2000, Hirsch International Corp. (the "Registrant") appointed the
accounting firm of BDO Seidman, LLP, Melville, NY as its independent public
accountants for fiscal 2000 to replace Deloitte & Touche LLP, who were
dismissed effective as of such date. The Registrant's Board of Directors
approved the selection of BDO Seidman, LLP as new independent public accountants
upon the recommendation of the Registrant's Audit Committee.
The reports of Deloitte & Touche LLP on the Registrant's financial statements
for the past two fiscal years did not contain any adverse opinion or a
disclaimer of opinion and were not modified as to uncertainty, audit scope or
accounting principles.
During the Registrant's two most recent fiscal years and for the interim period
ended October 31, 1999, the Registrant has not consulted BDO Seidman, LLP, with
respect to the application of accounting principles to a specified completed or
proposed transaction, or the type of audit opinion that might be rendered on the
Registrant's financial statements.
In connection with the audits of the Registrant's financial statements for each
of the two fiscal years ended January 31, 1998 and January 31, 1999,
respectively, and in the subsequent interim period, there were no disagreements
with Deloitte & Touche LLP on any matters of accounting principles or
practices, financial statement disclosure, or auditing scope and procedures
which, if not resolved to the satisfaction of Deloitte & Touche LLP, would have
caused Deloitte & Touche LLP to make reference to the matter in their report.
The Registrant has provided Deloitte & Touche LLP with a copy of this
disclosure and has requested that Deloitte & Touche LLP furnish it with a
letter addressed to the SEC stating whether it agrees with the above statements.
(A copy of Deloitte & Touche LLP's letter to the SEC, dated January 13, 2000
is filed as Exhibit 16.1 to the Form 8-K).
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
Exhibit 16.1 Letter of Deloitte & Touche LLP, dated January 13, 2000.
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.
HIRSCH INTERNATIONAL CORP.
By: /s/ Henry Arnberg
--------------------
Henry Arnberg
Chairman of the Board and
Chief Executive Officer
January 13, 2000
Securities and Exchange Commission
Mail Stop 11-3
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of Hirsch
International Corp. dated January 7, 2000.
Yours truly,
/s/ Deloitte & Touche LLP
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DELOITTE & TOUCHE LLP
Jericho, New York
