-----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, UL7DnQaYyVAQgXCuBOs1twy9Fr4BdIyWKAIwJDBucqJJWJcpBr2U0fwrhWm3mVEO vrbhygQxLSTw11c7Fb5o6g== 0001005444-96-000029.txt : 19960724 0001005444-96-000029.hdr.sgml : 19960724 ACCESSION NUMBER: 0001005444-96-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960715 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960723 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED FINANCIAL INC CENTRAL INDEX KEY: 0000823314 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 841069416 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11838 FILM NUMBER: 96597922 BUSINESS ADDRESS: STREET 1: 5425 MARTINDALE CITY: SHAWNEE STATE: KS ZIP: 66218 BUSINESS PHONE: 9134412466 MAIL ADDRESS: STREET 1: 5425 MARTINDALE CITY: SHAWNEE STATE: KS ZIP: 66218 FORMER COMPANY: FORMER CONFORMED NAME: ADVANCED MEDICAL DYNAMICS INC DATE OF NAME CHANGE: 19910617 FORMER COMPANY: FORMER CONFORMED NAME: WEINCOR FINANCIAL CORP DATE OF NAME CHANGE: 19890406 8-K 1 FORM 8-K FOR ADVANCED FINANCIAL, INC. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15 (d) of The Securities Act of 1934 Date of Report (Date of earliest event reported) July 15, 1996 (July 15, 1996). ADVANCED FINANCIAL, INC. (Exact name of registrant as specified in its charter) DELAWARE 84-1069415 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 5425 Martindale, Shawnee, Kansas 66218 - -------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (913) 441-2466 Item 4. Changes in Registrant's Certifying Accountant (a)(l)(i) On July 15, 1996, the Registrant and its certifying accountant, KPMG Peat Marwick LLP, mutually agreed to terminate their accountant-client relationship. Pursuant to such mutual decision, KPMG Peat Marwick LLP resigned as certifying accountant on July 15,1996. ii For the Registrant's most recent year end financial statements, for the years ended March 31, 1996 and 1995, KPMG Peat Marwick LLP rendered an audit opinion letter modified as to an uncertainty as follows: The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in note 2 to the consolidated financial statements, the Company has incurred net losses of $3,184,577 and $3,963,497 during the years ended March 31, 1996 and 1995. These losses, along with other matters as set forth in note 2, raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. iii Since KPMG Peat Marwick LLP resigned, there was no such decision made by Registrant to change accountants. At the time KPMG Peat Marwick LLP resigned, there were no disagreements between Registrant and KPMG Peat Marwick LLP on any matter of accounting principles or practices, financial statement disclosure, or audit scope or procedures, which disagreements if not resolved to their satisfaction, would have caused them to make reference to the subject matter of the disagreement in connection with their reports. 2. No new accountant has been engaged by the Registrant as of the date of this report. Item 7. Financial Statements and Exhibits a. Financial Statements none b. Proforma Financial Statements none c. Exhibits 16.1 Letter on Changes in Certifying Accountant 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. ADVANCED FINANCIAL, INC. (Registrant) /s/ Norman L. Peterson ---------------------- Norman L. Peterson President July 19, 1996 Securities and Exchange Commission Washington, D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for Advanced Financial, Inc. and under the date of June 30, 1996, we reported on the consolidated financial statements of Advanced Financial, Inc. and subsidiaries as of and for the years ended March 31, 1996 and 1995. On July 15, 1996, we resigned. We have read Advanced Financial, Inc.'s statements included under Item 4 of its Form 8-K dated July 15, 1996, and we agree with such statements. /s/ KPMG Peat Marwick LLP - ------------------------- KPMG Peat Marwick LLP -----END PRIVACY-ENHANCED MESSAGE-----