8-K 1 k20031203sprint.txt CHANGE IN CERTIFYING ACCOUNTANT 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) December 1, 2003 SPRINT CORPORATION (Exact name of Registrant as specified in its charter) Kansas 1-04721 48-0457967 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 6200 Sprint Parkway, Overland Park, Kansas 66251 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (913) 624-3000 (Former name or former address, if changed since last report) P. O. Box 7997, Shawnee Mission, Kansas 66207-0997 (Mailing address of principal executive offices) Item 4. Changes in Registrant's Certifying Accountant. On December 1, 2003, KPMG LLP ("KPMG") was engaged as independent auditor for Sprint Corporation ("Sprint") for the year ending December 31, 2004. As previously reported, the Audit Committee of the Board of Directors of Sprint determined that Ernst & Young LLP ("Ernst & Young") would be replaced by KPMG as the independent auditor for Sprint for the year ending December 31, 2004. This action effectively dismisses Ernst & Young as Sprint's independent auditor for the year ended December 31, 2004; however, Ernst & Young will continue as Sprint's independent auditor for the year ending December 31, 2003. Ernst & Young's reports on Sprint's consolidated financial statements as of December 31, 2002 and 2001 and for each of the two fiscal years in the period ended December 31, 2002 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. During the fiscal years ended December 31, 2001 and 2002 and through the date of this Form 8-K, there were no disagreements between Sprint and Ernst & Young on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to the satisfaction of Ernst & Young, would have caused Ernst & Young to make reference to the matter in their report. None of the "reportable events" described in Item 304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission have occurred during the fiscal years ended December 31, 2001 or 2002 or through the date of this Form 8-K. Sprint has requested Ernst & Young to furnish Sprint with a letter addressed to the Commission stating whether Ernst & Young agrees with the above statements. A copy of Ernst & Young's letter, dated December 4, 2003, is attached as Exhibit 16 to this Form 8-K. During the fiscal years ended December 31, 2001 and 2002 and through the date of this Form 8-K, neither Sprint nor anyone acting on its behalf consulted KPMG regarding (1) 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 Sprint's consolidated financial statements or (2) any matter that was either the subject of a disagreement with Ernst & Young on accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to the satisfaction of Ernst & Young, would have caused Ernst & Young to make reference to the matter in their report, or a "reportable event" as described in Item 304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission. Item 7. Exhibits. 16. Letter to the Securities and Exchange Commission from Ernst & Young. 1 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, hereunto duly authorized. SPRINT CORPORATION Date: December 4, 2003 By: /s/ Michael T. Hyde Michael T. Hyde Assistant Secretary 2 EXHIBIT INDEX Exhibit Number Description Page 16. Letter to the Securities and Exchange Commission from Ernst & Young.