SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 12, 1996
Applied Computer Technology, Inc.
(Exact name of registrant as specified in its charter)
Colorado 0-26826 84-1164570
(State or other jusisdiction (Commission (I.R.S Employer
of incorporation) File Number) Identification No.)
2573 Midpoint Drive, Fort Collins, Colorado 80525
(Address of Principal executive offices) (Zip code)
Registrant's telephone number, including area Code (970) 490-1849
N/A
Former Name or Former Address, If Changed Since Last Report
Page 1 of 2 Pages
Exhibit Index is on Page 2.
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
1. Effective December 12, 1996 Grant Thornton, L.L.P. resigned as the
Company's Independent Certified Public Accountants.
2. Grant Thornton was retained by the Company in November 1996 to audit the
Company's Financial statements for the year ended December 31, 1996 and to
review the Company's financial statements for the period ended September 30,
1996. As such, Grant Thornton did not provide any audit reports on the Company's
financial statements. In addition, Grant Thornton did not complete its review of
the Company's financial statements for the period ending September 30, 1996.
However, in its letter of resignation to the Company, Grant Thornton stated that
the Company had not provided Grant Thornton with adequate documentation
concerning the capitalization of certain salaries and wages and that the
capitalization of certain salaries, wages and other costs as of September 30,
1996 had not been resolved to the satisfaction of Grant Thornton.
3. During the period Grant Thornton acted as the Company's independent
accountants there were no disagreements with Grant Thornton 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
Grant Thornton, would have caused them to make reference to the subject matter
of the disagreement in connection with their contemplated audit of the Company's
financial statements for the year ended December 31, 1996.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Number Name Page Reference
16 Letter Regarding Change (to be filed by
in Certifying Accountant amendment)
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.
DATE: December 20, 1996 APPLIED COMPUTER TECHNOLOGY, INC.
By: /s/ WILEY D. PRENTICE, JR.
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Wiley D. Prentice, President
-2-
EXHIBIT 16
December 26, 1996
Securities and Exchange Commission
Washington, D.C. 20549
Re: Applied Computer Technology, Inc.
File No. 0-26826
Dear Sir or Madam:
We have read Item 4 of Form 8-K of Applied Computer Technology, Inc. dated
December 12, 1996, and agree with the statements contained therein.
Very truly yours,
/s/ Grant Thorton L.L.P.
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Grant Thornton
