SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report:
Date of earliest event reported:
July 8, 2002
American Physicians Service Group, Inc.
(Exact name of registrant as specified in its charter)
Texas 0-11453 75-1458323
(State of (Commission File Number) IRS Employer
Incorporation) Identification No.
1301 Capital of Texas Highway
Suite C-300
Austin, Texas 78746
(Address of principal executive offices) (Zip Code)
(512) 328-0888
(Registrant's telephone number, including area code)
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On July 8, 2002, we dismissed KPMG LLP as our independent public
accountants and engaged BDO Seidman, LLP as our new independent public
accountants. Our board of directors approved the decision to change accountants.
During 2000 and 2001 and through the subsequent interim period ended
July 8, 2002, we had no disagreements with KPMG LLP 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 KPMG LLP,
would have caused it to make reference to the subject matter of the disagreement
in connection with its reports.
The audit report of KPMG LLP on our consolidated financial statements
as of and for the years ended December 31, 2000 and 2001 did not contain any
adverse opinion or disclaimer of opinion, nor was it qualified or modified as to
uncertainty, audit scope, or accounting principles.
During 2000 and 2001 and through the subsequent interim period ended
July 8, 2002, we did not consult with BDO Seidman, LLP regarding the application
of accounting principles to a specific transaction, either completed or
proposed, or the type of audit opinion that might be rendered on our
consolidated financial statements.
We provided KPMG LLP a copy of the foregoing disclosures. A letter
from KPMG LLP dated July 25, 2002 is attached as EXHIBIT 16.1.
Exhibits.
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Exhibit
Number Description
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16.1 Letter from KPMG LLP dated July 25, 2002
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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.
American Physicians Service Group, Inc.
Date: July 25, 2002 By: /s/ W.H. Hayes
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W.H. Hayes, Senior Vice President - Finance
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