-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QUeCNM4Y4YK5rmI3uOS7w4PTN/RvqTTfaYm1kME8CdThHibMmxVD+jwtpkGrhvMS qw+ARGIe6r8BC7RFUr1Sww== 0000893877-98-000790.txt : 19981228 0000893877-98-000790.hdr.sgml : 19981228 ACCESSION NUMBER: 0000893877-98-000790 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981215 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REGENT ASSISTED LIVING INC CENTRAL INDEX KEY: 0001000693 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SKILLED NURSING CARE FACILITIES [8051] IRS NUMBER: 931171049 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27108 FILM NUMBER: 98773619 BUSINESS ADDRESS: STREET 1: 121 SW MORRISON ST STREET 2: STE 1000 CITY: PORTLAND STATE: OR ZIP: 97204 BUSINESS PHONE: 5032274000 MAIL ADDRESS: STREET 1: 121 SW MORRISON ST STREET 2: STE 1000 CITY: PORTLAND STATE: OR ZIP: 97204 8-K 1 FORM 8-K 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) December 15, 1998 ----------------- REGENT ASSISTED LIVING, INC. Oregon 0-27108 93-1171049 - -------------------------------------------------------------------------------- (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File No.) Identification No.) 121 SW Morrison Street, Suite 1000, Portland, OR 97204 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (503) 227-4000 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) No Change - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Page 1 of 3 Item 4. Changes in Registrant's Certifying Accountant - ----------------------------------------------------- (a) Previous Independent Accountant (i) On December 15, 1998, Regent Assisted Living, Inc. ("Regent") dismissed its previous certifying accountant, KPMG Peat Marwick LLP ("KPMG"). Regent had previously retained KPMG as Regent's certifying accountant on December 29, 1997. (ii) Since Regent retained KPMG as Regent's certifying accountant on December 29, 1997, none of the reports of KPMG on the financial statements of Regent have contained an adverse opinion or disclaimer of opinion or have been modified as to uncertainty, audit scope or accounting principles. (iii) The decision to change accountants was approved by the Audit Committee of Regent's Board of Directors. (iv) Since Regent retained KPMG as Regent's certifying accountant on December 29, 1997, there have been no disagreements with KPMG 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 KPMG would have caused it to make reference thereto in connection with its report on the financial statements of Regent. (v) Regent requested that KPMG furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements above and, if not, stating the respects in which it does not agree. A copy of such letter is attached hereto as Exhibit 16 and is incorporated herein by reference. Item 7. Financial Statements and Exhibits - ----------------------------------------- (c) Exhibits 16. Letter from KPMG Peat Marwick LLP re change in certifying accountant. Page 2 of 3 Signature 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. Dated: December 15, 1998 REGENT ASSISTED LIVING, INC. By STEVEN L. GISH -------------------------------------- Steven L. Gish Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) Page 3 of 3 EXHIBIT INDEX Sequential Exhibit No. Description Page No. - ----------- ----------- ---------- 16 Letter from KPMG Peat Marwick LLP re change in certifying accountant. EX-16 2 LETTER FROM KPMG PEAT MARWICK LLP Exhibit 16 December 21, 1998 Securities and Exchange Commission Washington, D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for Regent Assisted Living, Inc. and, under the date of February 13, 1998, except as to note 11 which is as of March 27, 1998, we reported on the consolidated financial statements of Regent Assisted Living, Inc. and subsidiaries as of and for the year ended December 31, 1997. On December 15, 1998 our appointment as principal accountants was terminated. We have read Regent Assisted Living Inc.'s statements included under Item 4(a) of its Form 8-K dated December 15, 1998, and we agree with such statements, except that we are not in a position to agree or disagree with Regent Assisted Living, Inc.'s statement that the change was approved by the audit committee of its board of directors. Very truly yours, KPMG PEAT MARWICK LLP KPMG Peat Marwick LLP -----END PRIVACY-ENHANCED MESSAGE-----