-----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, NZsN0rUbH6RyNV21P4vsnmfrqlEhpOF+bmQ55g9Cx3/3Uz6pawnmGwCb9x1LlRW1 0v/kHjWgPwtvd6atb5OI1w== 0001047469-98-042332.txt : 19981126 0001047469-98-042332.hdr.sgml : 19981126 ACCESSION NUMBER: 0001047469-98-042332 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981125 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROADWAY FINANCIAL CORP \DE\ CENTRAL INDEX KEY: 0001001171 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 954547287 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27464 FILM NUMBER: 98759663 BUSINESS ADDRESS: STREET 1: 4800 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 BUSINESS PHONE: 2136341700 MAIL ADDRESS: STREET 1: 4800 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 8-K 1 FORM 8-K 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): NOVEMBER 25, 1998 BROADWAY FINANCIAL CORPORATION (Exact name of Registrant as Specified in its Charter) DELAWARE 0-27464 95-4547287 (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.) 4800 WILSHIRE BOULEVARD LOS ANGELES, CALIFORNIA 90010 (Address of Principal Executive Offices, Including Zip Code) (213) 634-1700 (Registrant's Telephone Number, Including Area Code) Page 1 of 4 ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS. On November 20, 1998, the Registrant dismissed its independent accountant, Ernst & Young LLP ("E&Y"). E&Y's report on the financial statements for the past two years did not contain an adverse opinion or disclaimer of opinion and was not modified as to uncertainty, audit scope or accounting principles. The decision to change accountants was recommended by the Audit Committee of the Board of Directors and ratified by the full Board of Directors on November 18, 1998. There were no disagreements with E&Y on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. The Registrant retained the accounting firm of KPMG Peat Marwick, LLP ("KPMG") on November 20, 1998, to provide audit and tax services for the years ending December 31, 1998, 1999 and 2000. There have been no consultations with KPMG regarding the application of accounting principles to specific transactions, or the type of audit opinion that might be rendered. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits See Exhibit Index included herewith. Page 2 of 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BROADWAY FINANCIAL CORPORATION Date: November 25, 1998 By: /s/ Bob Adkins ---------------------------- Bob Adkins Chief Financial Officer and Secretary Page 3 of 4 EXHIBIT INDEX
EXHIBIT NO. Exhibit Page No. - ----------- ------- -------- 16 Letter on Change in Certifying Accountant
Page 4 of 4 EX-16 2 EXHIBIT 16 EXHIBIT 16 [ERNST & YOUNG LLP LETTERHEAD] November 25, 1998 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Gentleman: We have read Item 4 of Form 8-K dated November 25, 1998, of Broadway Financial Corporation and are in agreement with the statements contained in the first paragraph on page 2 therein. We have no basis to agree or disagree with other statements of the registrant contained therein. Very truly yours, /s/ Ernst & Young LLP -----END PRIVACY-ENHANCED MESSAGE-----