UNITED STATES 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) October 1, 1997
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VISUAL DATA CORPORATION
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(Exact name of registrant as specified in its charter)
Florida 0-22849 65-0420146
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(State or other jurisdiction (Commission File (IRS Employer
or incorporation) Number) Identification No.)
1291 SW 29TH Avenue, Pompano Beach, Florida 33069
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (954) 917-6655
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Item 4 CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
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On October 1, 1997, the Registrant notified Goldstein Lewin & Co. that they
were dismissed as the Registrant's independent auditor.
The Registrant and Goldstein Lewin & Co. have not, in connection with the audit
of the Registrant's financial statements for each of the prior two years ended
September 30, 1996 and September 30, 1995 and for any subsequent interim period
prior to and including September 29, 1997 had any disagreement on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreement, if not resolved to Goldstein Lewin &
Co.'s satisfaction, would have caused Goldstein Lewin & Co. to make reference to
the subject matter of the disagreement in connection with its reports.
The reports of Goldstein Lewin & Co. on the Company's financial statements for
the past two fiscal years did not contain an adverse opinion or a disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principles.
The decision to change accountants was approved by the Registrant's board of
directors.
On October 1, 1997, the Registrant appointed Arthur Andersen LLP its independent
accountant and Arthur Andersen LLP accepted such appointment.
The Registrant has not consulted with Arthur Andersen on the application of
accounting principles to any completed or proposed transaction or on the type of
audit opinion that might be given.
Item 7 FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
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(c) Exhibits:
(1) Letter of Goldstein Lewin & Co. pursuant to Item 304(a)(3) of
Regulation S-B
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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.
VISUAL DATA CORPORATION
(Registrant)
Date: October 1, 1997 By: /s/ Randy S. Selman
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Randy S. Selman
President, Chief Executive Officer and
Acting Chief Financial Officer
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Visual Data Corporation
File Ref. No- 0-22849
We were previously the principal accountant for Visual Data Corporation and,
under the date of December 4, 1996, we reported on the consolidated financial
statements of Visual Data Corporation and subsidiaries as of September 30, 1995
and 1996 and for the years ended September 30, 1995 and 1996 and for the period
from inception (May 17, 1993) to September 30, 1994. On September 29, 1997, we
were dismissed as principal accountants. We have read Visual Data Corporation's
statements included under Item 4 of its Form 8-K dated October 1, 1997 and we
agree with such statements, except that we are not in a position to agree or
disagree with Visual Data Corporation's statement that the decision to change
accountants was approved by the Board of Directors, that Arthur Andersen LLP
was retained as its new certifying accountants or that Visual Data Corporation
has not consulted with Arthur Andersen LLP on the application of accounting
principles to any completed or proposed transaction or on the type of audit
opinion that might be given.
GOLDSTEIN LEWIN & CO.
Certified Public Accountants
October 1, 1997
Boca Raton, Florida
