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
July 24, 2002
Date of Report
(Date of earliest
event reported)
CONSOLIDATED-TOMOKA LAND CO.
(exact name of registrant as specified in its charter)
FLORIDA
(State or other jurisdiction of incorporation)
0-5556 59-0483700
(Commission File Number) (IRS Employer
Identification Number)
149 South Ridgewood Avenue
Daytona Beach, FL 32114
(Address of principal executive offices) (Zip Code)
(386)255-7558
(Registrant's telephone number, including area code)
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FORM 8-K, July 24, 2002
CONSOLIDATED-TOMOKA LAND CO.
COMMISSION FILE NO. 0-5556
EMPLOYER ID NO. 59-0483700
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(A) On July 24, 2002, the Board of Directors of the registrant
determined, upon recommendation of its Audit Committee, to
appoint KPMG LLP to serve as the registrant's independent
public accountants, replacing Arthur Andersen LLP. The
registrant dismissed Arthur Andersen LLP on the same date.
(B) The report of Arthur Andersen LLP for the fiscal years ended
December 31, 2000 and December 31, 2001 did not contain an
adverse opinion, disclaimer of opinion, qualifications, or
modification as to uncertainty, audit scope or accounting
principles.
(C) There were no disagreements with Arthur Andersen LLP on any
matter of accounting principals or practices, financial
statement disclosure, or auditing scope or procedure for the
fiscal years ended December 31, 2000 and December 31, 2001
or in the interim periods subsequent to December 31, 2001
that, if not resolved to Arthur Andersen LLP's satisfaction,
would have caused Arthur Andersen LLP to make reference to
the subject matter of the disagreement in their report on
the financial statements, and, during such periods, there
were no "reportable events," as that term is defined in Item
304 of Regulation S-K and the related instructions to Item
304 of Regulation S-K.
(D) The registrant provided Arthur Andersen LLP with a copy of
the preceding disclosures. Arthur Andersen LLP has advised
the registrant that it has informed the Securities and
Exchange Commission that it is unable to provide letters
for use in Form 8-Ks concerning changes in a registrant's
certifying accountant. As a result, no such letter is
provided with this Form 8-K.
(E) For the fiscal years ended December 31, 2000 and December 31,
2001 and the interim period subsequent to December 31, 2001,
the registrant has not consulted with KPMG regarding (i)
either 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, where either a written
report or oral advice was provided to the registrant by KPMG
that KPMG concluded was an important factor considered by
the registrant in reaching a decision as to the accounting,
auditing or financial reporting issue; or (ii) any matter
that was either the subject of a "disagreement" or
"reportable event," as those terms are used in Item 304 of
Regulation S-K and the related instructions to Item 304 of
Regulation S-K.
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FORM 8-K, July 24, 2002
CONSOLIDATED-TOMOKA LAND CO.
COMMISSION FILE NO. 0-5556
EMPLOYER ID NO. 59-0483700
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
of the undersigned thereunto duly authorized.
CONSOLIDATED-TOMOKA LAND CO.
Date: July 24, 2002 By:/S/ William H. McMunn
------------------------
William H. McMunn, President
and Chief Executive Officer
Date: July 24, 2002 By:/S/ Bruce W. Teeters
-----------------------
Bruce W. Teeters, Senior
Vice President - Finance
and Treasurer
Chief Financial Officer
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