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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
SEPTEMBER 9, 2004
Date of Report (Date of earliest event reported)
ACCESS INTEGRATED TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 001-31810 22-3720962
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
55 MADISON AVENUE, SUITE 300, MORRISTOWN, 07960
NEW JERSEY
(Address of principal executive offices) (Zip Code)
973-290-0080
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On September 9, 2004, the Audit Committee of the Board of Directors of
Access Integrated Technologies, Inc. (the "Company") dismissed
PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered
public accounting firm and engaged Eisner LLP ("Eisner") as its new independent
registered public accounting firm.
The audit reports of PwC on the Company's consolidated financial
statements as of and for the fiscal years ended March 31, 2003 and March 31,
2004 did not contain any adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting principle.
During the fiscal years ended March 31, 2003 and March 31, 2004 and
through September 9, 2004, there were no disagreements between the Company and
PwC on any matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which disagreements if not resolved
to PwC's satisfaction would have caused PwC to make reference thereto in its
reports on the consolidated financial statements for such years.
No reportable events of the type described in Item 304(a)(1)(iv)(B) of
Regulation S-B occurred during the fiscal years ended March 31, 2003 and March
31, 2004 and through September 9, 2004.
The Company has provided PwC with the above statements and requested that
PwC furnish the Company 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 from PwC dated September 10, 2004 is filed as an exhibit to this Form
8-K.
During the two fiscal years ended March 31, 2003 and March 31, 2004 and
through September 9, 2004, the Company has not consulted with Eisner on any
matter that (i) involved the application of accounting principles to a specific
completed or contemplated transaction, or the type of audit opinion that might
be rendered on the Company's financial statements, in each case where written or
oral advice was provided that was an important factor considered by the Company
in reaching a decision as to the accounting, auditing or financial reporting
issue; or (ii) was either the subject of a disagreement, as that term is
described in Item 304(a)(1)(iv)(A) of Regulation S-B and the related instruction
to Item 304 of Regulation S-B, or reportable information, as that term is
described in Item 304(a)(1)(iv)(B) of Regulation S-B.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
EXHIBIT NO. DESCRIPTION
16.1 Letter from PricewaterhouseCoopers LLP, dated September 10,
2004, regarding change in certifying accountants.
SIGNATURE
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.
ACCESS INTEGRATED TECHNOLOGIES, INC.
By: /s/ Brian D. Pflug
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Brian D. Pflug
Senior Vice President - Accounting & Finance
(Principal Financial Officer)
Date: September 14, 2004