Qwest Communications International INC (Q)
Anderson was dismissed as accountants and KPMG was hired
4 8-K, Report of unscheduled material events or corporate e.g acquisition bankruptcy resignation 05/31/2002
sec.gov.
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Based on the recommendation of the Audit Committee of the Board of
Directors of Qwest Communications International Inc. (together with its
subsidiaries, "Qwest"), on May 29, 2002 Qwest's Board of Directors decided not
to re-engage Arthur Andersen LLP ("Andersen") as Qwest's independent auditor and
engaged KPMG LLP ("KPMG") to serve as Qwest's independent auditor for 2002.
Andersen's reports on Qwest's consolidated financial statements for the
past two years did not contain an adverse opinion or disclaimer of opinion, nor
were they qualified or modified as to uncertainty, audit scope or accounting
principles. During Qwest's two most recent fiscal years and through the date of
this Form 8-K, there were (1) no disagreements with Andersen on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure which, if not resolved to Andersen's satisfaction, would have
caused them to make reference to the subject matter in connection with their
report on Qwest's consolidated financial statements; and (2) no reportable
events, as listed in Item 304(a)(1)(v) of Regulation S-K.
Qwest provided Andersen with a copy of the foregoing disclosures.
Attached as Exhibit 16 is a copy of Andersen's letter, dated May 30, 2002,
stating its agreement with such statements.
During Qwest's two most recent fiscal years and through the date of
this Form 8-K, Qwest did not consult KPMG with respect to the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on Qwest's consolidated
financial statements, or any other matters or reportable events listed in Items
304(a)(2)(i) and (ii) of Regulation S-K. |
