-----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, B1+SxvNIyQJFE5Lg7uZ/jbJM8xKV8btnVwe89v9aoTKv8v2A0EkKWGvBA4akmHim ntJl2hkTu6as1DFdwi/8wQ== 0000950124-03-001830.txt : 20030516 0000950124-03-001830.hdr.sgml : 20030516 20030516151101 ACCESSION NUMBER: 0000950124-03-001830 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030512 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TECUMSEH PRODUCTS CO CENTRAL INDEX KEY: 0000096831 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 381093240 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00452 FILM NUMBER: 03708383 BUSINESS ADDRESS: STREET 1: 100 E PATTERSON ST CITY: TECUMSEH STATE: MI ZIP: 49286 BUSINESS PHONE: 5174238411 MAIL ADDRESS: STREET 1: 100 EAST PATTERSON STREET CITY: TECUMSEH STATE: MI ZIP: 49286 8-K 1 k77270e8vk.txt CURRENT REPORT DATED 05/12/03 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): May 12, 2003 TECUMSEH PRODUCTS COMPANY (Exact name of registrant as specified in its charter) Michigan 0-452 38-1093240 (State or other jurisdiction of (Commission File No.) (IRS Employer incorporation) Identification No.)
100 East Patterson Street, Tecumseh, Michigan 49286 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (517) 423-8411 (Former name or former address, if changed since last report) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT (i) As previously reported in a Form 8-K filed April 17, 2003 and an amendment thereto on Form 8-K/A filed April 22, 2003, on April 11, 2003, Tecumseh Products Company ("Tecumseh" or "Registrant") dismissed Ciulla, Smith & Dale, LLP ("CS&D") as Tecumseh's independent accountant to audit the Registrant's books for the year ended December 31, 2003. Also as previously reported, CS&D was to continue in its role as Tecumseh's independent accountant through the completion of its normal quarterly review of the Registrant's first quarter 2003 financial statements. That quarterly review was completed, and on May 12, 2003, the Registrant filed its Quarterly Report on Form 10-Q containing its first quarter 2003 financial statements (the "First Quarter 10-Q"). Accordingly, effective with the filing of the First Quarter 10-Q, CS&D ceased to have any role as Tecumseh's independent accountant. (ii) The audit reports issued by CS&D on the consolidated financial statements of Tecumseh as of and for each of the two years ended December 31, 2001 and 2002 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. (iii) The decision to change Tecumseh's independent accountant was approved by the Audit Committee of the Board of Directors. (iv) For the years ended December 31, 2001 and 2002, and during the subsequent interim period preceding the filing the First Quarter 10-Q, there were no disagreements with CS&D 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 CS&D would have caused CS&D to make reference to the subject matter of the disagreement in connection with its reports. (v) During the periods listed in item (iv) above, there were no "reportable events" as such term is defined in Item 304(a)(1)(v) of Regulation S-K. (vi) Tecumseh has provided a copy of the above disclosure to CS&D. Attached hereto as Exhibit 16.1 is a copy of CS&D's letter addressed to the Commission dated May 16, 2003, stating its agreement with the above statements. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: Exhibit No. Description ----------- ----------- 16.1 Letter from Ciulla, Smith & Dale, LLP dated May 16, 2003 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. TECUMSEH PRODUCTS COMPANY Date: May 16, 2003 By: /s/ DAVID W. KAY ----------------------------------- David W. Kay Vice President, Treasurer and Chief Financial Officer EXHIBIT INDEX Exhibit No. Description ----------- ----------- 16.1 Letter from Ciulla, Smith & Dale, LLP dated May 16, 2003 EX-16.1 3 k77270exv16w1.txt LETTER FROM CIULLA, SMITH & DALE, LLP EXHIBIT 16.1 [LETTERHEAD OF CIULLA, SMITH & DALE, LLP] May 16, 2003 Securities and Exchange Commission Mail Stop 11-3 450 5th Street, N.W. Washington, D.C. 20549 Ladies and Gentlemen: We have read paragraphs (i) through (v) of Item 4 of Tecumseh Products Company's Current Report on Form 8-K dated May 12, 2003, and we agree with the statements made therein. /s/ CIULLA, SMITH & DALE, LLP - -------------------------------------------- Ciulla, Smith & Dale, LLP Certified Public Accountants -----END PRIVACY-ENHANCED MESSAGE-----