8-K

                        SECURITIES & 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 26, 2002

               Exact Name of Registration as Specified in Charter:

                                iBonZai.com, Inc.

State of Other Jurisdiction of Incorporation:                 Delaware
Commission File Number:                                       33-26787-D
IRS Employer Identification Number:                           87-0403828

          Address and Telephone Number of Principle Executive Offices:
                               4766 Holladay Blvd.
                               Holladay, UT 84117

                                  801.273.9300




Item 4.  Changes in Registrant's Certifying Accountant.

On March 26, 2002, the registrant approved the dismissal of C.P.A.  Network, LLC
which had  served as the  registrant's  independent  accounts,  as its  auditor,
within the meaning of Item 304 (a) (1) (i) of Regulation  S-K of the  Securities
and Exchange Commission and engaged Bierwolf, Nilson & Associates.

C.P.A.  Network,  LLC's report on the registrant's  financial statements for the
fiscal years ended  December 31, 1999 and December 31, 2000 contained no adverse
opinions or disclaimer of opinions, and were not qualified as to audit scope, or
accounting  principles.  However,  the  reports  issued for 1999 and 2000 by the
prior  auditors  were  modified in respect of the  uncertainty  surrounding  the
registrant's ability to continue as a going concern.

In connection  with its audits for the fiscal years ended  December 31, 1999 and
2000, there have been no disagreements with C.P.A. Network, LLC 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
C.P.A.  Network,  LLC would have caused them to make reference  thereto in their
report on the financial  statements for such years. C.P.A.  Network, LLC has not
provided any auditing or other  accounting  services to the Registrant since its
review of the  Registrant's  Form  10-KSB for the fiscal year end  December  31,
2001.


The  registrant  requested  that  C.P.A.  Network,  LLC furnish it with a letter
addressed to the Securities and Exchange  Commission  stating  whether or not it
agrees with the above statements. A copy of the letter dated March 26, 2002, was
received  by the  registrant  from  C.P.A.  Network,  LLC  with  respect  to the
registrant's  request,  addressed to the Securities and Exchange Commission,  is
filed as Exhibit 16.1 to this Form 8-K.

On March 26, 2002, the registrant  engaged Bierwolf,  Nilson & Associates as its
new independent  accountants  following its termination of C.P.A.  Network, LLC.
The registrant's Board of Directors approved the engagement of Bierwolf,  Nilson
& Associates as its independent auditors with respect to the registrant's fiscal
year ending December 31, 2001.

During the two most recent fiscal years the  registrant  had not consulted  with
Bierwolf,   Nilson  &  Associates  regarding  either;  (i)  the  application  of
accounting principles to a specified transaction,  either completed or proposed,
or the  type of  audit  opinion  that  might  be  rendered  on the  registrant's
financial  statements,  and  neither  a  written  report  was  provided  to  the
registrant  nor oral advice was  provided  that  Bierwolf,  Nilson &  Associates
concluded was an important  factor  considered  by the  registrant in reaching a
decisions to the accounting,  auditing or financial reporting issue; or (ii) any
matter that was either the subject of a  disagreement,  as that therm is defined
in Item 304 (a) (1) (iv) of Regulation S-K and the related  instructions to Item
304 of Regulation  S-K, or a reportable  event,  as that term is defined in Item
304 (a) (1) (iv) of Regulation S-K.

Item 7. Exhibits

Exhibit No.                         Description                         Page
- -----------                         -----------                         ----
16                                  Letter on Change                      5
                                    in Accountants



                                   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.

iBonZai.com, Inc.

/s/ Paul F. Beatty
- -------------------
President
Date:April 1, 2002

EX-16

C.P.A. Network, LLC
                                  P.O. Box 536
                                 Orem, UT 84059




March 26, 2002


Securities & Exchange Commission
450 Fifth Street, NW
Washington, D.C.  20549

Re: iBonZai.com
      File #

Commissioners:

We have read the  statements  made by  iBonZai.com.  (copy  attached),  which we
understand will be filed with the Commission, pursuant to Item 4 of Form 8-K, as
part of the  Company's  Form 8-K report dated March 26, 2002.  We agree with the
statements concerning our firm in such Form 8-K.

Very truly yours,




/s/ C.P.A. Network, LLC