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): January 2, 1998
Northwest Equity Corp.
(Exact name of registrant as specified in its charter)
Wisconsin 0-24606 39-1772981
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
234 Keller Avenue South, Amery, Wisconsin 54001
(Address of principal executive offices including zip code)
(715) 268-7105
(Registrant's telephone number)
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant
a) On January 2, 1998, the registrant was notified that its independent
accounting firm, Keller & Yoder, had been acquired by another independent
accounting firm Wipfli Ullrich Bertelson, LLP. On January 2, 1998, the
independent accounting firm of Wipfli Ullrich Bertelson, LLP was engaged by
registrant to audit its financial statements for the fiscal year ending March
31, 1998.
The report of Keller & Yoder on the consolidated financial statements of
registrant as of April 24, 1997 did not contain any adverse opinion or any
disclaimer of opinion, and was not qualified or modified as to uncertainty,
audit scope, or accounting principles.
In connection with its audit of the consolidated financial statements
referred to above, and from the period of capitalization (October 7, 1994)
through January 2, 1998, there have been no disagreements with Keller & Yoder on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope of procedure, which disagreements, if not resolved
to the satisfaction of Keller & Yoder would have caused it to make reference to
the subject matter of the disagreements in connection with its report on the
financial statements for such periods.
There are no events to be reported under Item 304(a) (1) (v) of
Regulation S-K.
Item 7. Financial Statements and Exhibits.
a) None.
b) None.
c) Letter from Keller & Yoder, dated January 5, 1998
Pursuant to the requirements of the Securities Exchange Act of 1934,
Northwest Equity Corp. has duly caused this Current Report on form 8-K to be
signed on its behalf by the undersigned thereunto duly authorized.
Northwest Equity Corp.
__/s/Brian L. Beadle______
By: (Brian L. Beadle, President
Principal Executive Officer
and Principal Financial and
Accounting Officer)
<PAGE>
EXHIBIT INDEX
Exhibit No. Exhibit
7 (c) Letter from Keller & Yoder, dated January 5,1998
<PAGE>
EXHIBIT 7 (c)
400 Daly Avenue Telephone (715) 423-3550
Suite 200
Wisconsin Rapids, WI 54495
Keller & Yoder, Certified Public Accountants
January 5,1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
Northwest Equity Corp.
We were previously the principal accountants for Northwest Equity Corp. and on
April 24, 1997 we reported on the consolidated financial statements of Northwest
Equity Corp. and Subsidiaries. On January 2, 1998, our practice was acquired by
Wipfli Ullrich Bertelson LLP. We have read Item 4 of Northwest Equity Corp.'s
Form 8-K dated January 2, 1998 and are in agreement with the statements
contained in item 4 (a) therein.
Yours very truly,
__/s/ Keller & Yoder__
Keller & Yoder
<PAGE>
