8-K
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FORM 8-K FOR GENRAD, INC.
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THE 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): MARCH 27, 1995
(MARCH 22, 1995)
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GENRAD, INC.
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(Exact Name of Registrant as Specified in Its Charter)
MASSACHUSETTS
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(State of Incorporation)
1-8045 04-1360950
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(Commission File No.) (I. R. S. Employer Identification No.)
300 BAKER AVENUE, CONCORD, MA 01742-2174
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(Address of Principal Executive Offices) (Zip Code)
508-287-7000
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(Registrant's Telephone Number, Including Area Code)
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Item 4. Change in Registrant's Certifying Accountant.
Effective April 1, 1995, the Board of Directors of the Company, upon
recommendation of its audit committee, approved the engagement of Price
Waterhouse LLP as auditors to undertake the preparation of the Company's
audited financial statements for the fiscal year ending December 30, 1995.
The Company notified its prior auditors, Arthur Andersen LLP, on March
22, 1995 of their dismissal. This action was recommended by the audit
committee of the Company, and approved by the Board of Directors.
There have been no disagreements between management and Arthur Andersen
LLP or any predecessor firm, for the last two fiscal years, in connection with
the Company's audits and any subsequent interim period preceding the engagement
of Price Waterhouse LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure of a nature
which if not resolved to the satisfaction of Arthur Andersen LLP would have
caused it to make reference in connection with its report to the subject matter
of any such disagreements. Arthur Andersen LLP's reports on the financial
statements of the Company for the last two fiscal years have not contained an
adverse opinion or a disclaimer of opinion and none of such reports was
qualified as to uncertainty, audit scope or accounting principles.
The Company has requested Arthur Andersen LLP to furnish it with a
letter addressed to the Securities and Exchange Commission stating whether
Arthur Andersen LLP agrees with the above statements.
Item 7 C: Financial Statements and Exhibits
16.1 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated March 27, 1995.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
GENRAD, INC.
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(Registrant)
DATE: MARCH 27, 1995 BY: /s/ GEORGE A. O'BRIEN
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GEORGE A. O'BRIEN
VICE PRESIDENT, CHIEF FINANCIAL
AND ACCOUNTING OFFICER
EX-16.1
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LETTER FROM ARTHUR ANDERSEN LLP TO SEC
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ARTHUR
ANDERSEN
ARTHUR ANDERSEN & CO. SC
EXHIBIT 16.1
March 27, 1995 ________________________
Arthur Andersen LLP
Mr. Walter Schuetze ________________________
Chief Accountant One International Place
U.S. Securities and Exchange Commission Boston MA 02110-2604
450 Fifth Street NW 617 330 4000
Washington D.C. 20549
Dear Mr. Schuetze:
We have read Item 4 included in the attached Form 8-K dated March 27, 1995 of
GenRad, Inc. to be filed with the Securities and Exhange Commission and are in
agreement with the statements contained therein.
Very truly yours,
/s/ Arthur Andersen LLP
AHD
Attachment