-----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, F8VKpaPRO5GgxYwzwsALtgtQIhavDIvIAXBlxjR+09AMQS6r/d388RHLvrp9SBI/ sf47lmGy4O9d+VQIQ8pktA== 0000353650-01-500008.txt : 20010906 0000353650-01-500008.hdr.sgml : 20010906 ACCESSION NUMBER: 0000353650-01-500008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010828 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 20010905 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BWC FINANCIAL CORP CENTRAL INDEX KEY: 0000353650 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 942621001 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14119 FILM NUMBER: 1731048 BUSINESS ADDRESS: STREET 1: 1400 CIVIC DR CITY: WALNUT CREEK STATE: CA ZIP: 94596 BUSINESS PHONE: 5109325353 MAIL ADDRESS: STREET 1: P O BOX 8080 STREET 2: 1400 CIVIC DRIVE CITY: WALNUT CREEK STATE: CA ZIP: 94596-8080 8-K 1 eightk.htm CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT BWC FINANCIAL CORP. 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) August 28, 2001



                               BWC FINANCIAL CORP.
- --------------------------------------------------------------------------------
            (Exact name of Registrant as specified in its Charter)



          California                   0-10658                  94-262100
- --------------------------------------------------------------------------------
(State or other jurisdiction    (Commission File Number)      (IRS Employer
     of incorporation)                                     Identification No.)


           1400Civic Drive, Walnut Creek, California           94596
         ---------------------------------------------------------------
           (Address of principal executive offices)         (Zip Code)


       Registrant's telephone number, including area code (925) 932-5353


                                      N/A
- --------------------------------------------------------------------------------
  (Former name, former address, and former fiscal year, if changed since last
                                    report)
Item 4. Changes in Registrant's Certifying Accountant

a) On August 28, 2001, BWC Financial Corp. (the “Company”) decided to terminated Arthur Andersen LLP as principal accountants and engaged Moss Adams LLP as the Company’s principal accountants for the fiscal year ending December 31, 2001. The decision to change principal accountants was approved by the Audit Committee of the Company’s Board of Directors.

  In connection with the audits of the two fiscal years ended December 31, 2000 and the interim period of 2001 preceding the Company’s decision, there were no disagreements with Arthur Andersen LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference to the subject matters of the disagreements in connection with their opinion; and there were no reportable events as described in Item 304 (a) (1) (v) of the Securities and Exchange Commission’s Regulation S-K.

  The audit reports of Arthur Andersen LLP on the Company’s consolidated financial statements as of and for the years ended December 31, 2000, 1999 and 1998, did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

  The Company has requested that Arthur Andersen LLP furnish the Company with a letter, as promptly as possible, addressed to the Securities and Exchange Commission, stating whether they agree with the statements made in this Item 4, and if not, stating the respects in which they do not agree. This letter is not yet available, but will be filed as an exhibit to an amendment to this Report.

b) As of August 28, 2001, the Company has engaged Moss Adams LLP as its principal accountant for 2001. During 1998, 1999 and 2000 and the interim periods of 2001 preceding the Company’s decision, neither the Company nor anyone acting on its behalf consulted with Moss Adams LLP regarding (i) either the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements; or (ii) any matter that was either the subject of a disagreement with Arthur Andersen LLP or a reportable event with respect to Arthur Andersen LLP. 



                                  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 thereunto duly authorized.


                                  BWC FINANCIAL CORP. CORPORATION
                                  ----------------------------
                                  Registrant



DATE: September 5, 2001             BY: /s/ Leland E. Wines
                                    --------------------------
                                    Leland E. Wines
                                    Executive Vice President, Chief Financial
                                    Officer
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