-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RZSfixTQuLNoVJQ7SRWIcvcVegQ1m7EKXfu3C4PvQCM92NyjrlCGISYzm3XtiJqG HmxfBOZ5A4hojjNAOa0oqw== 0000812446-03-000027.txt : 20031112 0000812446-03-000027.hdr.sgml : 20031112 20031112172805 ACCESSION NUMBER: 0000812446-03-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031112 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ONE PRICE CLOTHING STORES INC CENTRAL INDEX KEY: 0000812446 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 570779028 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15385 FILM NUMBER: 03995069 BUSINESS ADDRESS: STREET 1: HWY 290 COMMERCE PK STREET 2: 1875 E MAIN ST CITY: DUNCAN STATE: SC ZIP: 29334 BUSINESS PHONE: 8644338888 MAIL ADDRESS: STREET 1: P O BOX 2487 CITY: SPARTANBURG STATE: SC ZIP: 29304 8-K 1 main.txt FORM 8-K RE: CHANGE IN AUDITORS 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): November 6, 2003 ONE PRICE CLOTHING STORES, INC. --------------- -------------------------------- (Exact name of Registrant as specified in its charter) Delaware 0-15385 57-0779028 - -------- ------- ---------- (State or other jurisdiction of (Commission File No.) (IRS Employer incorporation or organization) Identification No.) Hwy. 290 Commerce Park 1875 East Main Street Duncan, South Carolina 29334 (Address of principal executive offices, including zip code) (864) 433-8888 (Registrant's telephone number, including area code) None. (Former name or Former Address if Changed Since Last Report) Item 4. Changes in Registrant's Certifying Accountant. On November 6, 2003, One Price Clothing Stores, Inc. (the "Company") notified Deloitte & Touche LLP ("Deloitte") that it had been dismissed as the Company's outside auditors. The decision to dismiss Deloitte was approved by the Company's Audit Committee under authority delegated by the Company's Board of Directors. Deloitte's report on the Company's consolidated financial statements as of and for the year ended February 1, 2003, dated May 16, 2003, did not contain an adverse opinion or disclaimer of opinion, was not qualified or modified as to audit scope or accounting principles, and included an explanatory paragraph concerning substantial doubt about the Company's ability to continue as a going concern. During the Company's two most recent fiscal years and the subsequent interim period through November 5, 2003, there were no disagreements, as that term is used in Item 304(a)(1)(iv) of Regulation S-K, between the Company and Deloitte on any matter of accounting principles or practices, financial statement disclosure, or audit scope or procedure, which disagreements, if not resolved to Deloitte's satisfaction, would have caused Deloitte to make reference to the subject matter of the disagreement in connection with its reports. No "reportable events," as that term is described in Item 304(a)(1)(v) of Regulation S-K, have occurred during the Company's two most recent fiscal years and the subsequent interim period through November 5, 2003. The Company has provided Deloitte with a copy of the disclosures it is making in this Item 4, and has filed as an exhibit hereto the response of Deloitte to such disclosures. Item 7. Financial Statements, Pro Forma Financial Information And Exhibits. (c) Exhibits 16.1 Letter from Deloitte and Touche LLP to the Securities and Exchange Commission agreeing with the statements made by the Company in Item 4 of this current report on Form 8-K. 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. ONE PRICE CLOTHING STORES, INC. Date: November 12, 2003 /s/ C. Burt Duren -------------------------------------------- C. Burt Duren, Chief Financial Officer EX-16 3 x161.txt LETTER FROM DELOITTE & TOUCHE LLP Exhibit 16.1 - Letter from Deloitte & Touche LLP November 12, 2003 Securities and Exchange Commission Mail Stop 11-3 450 5th Street, N.W. Washington, D.C. 20549 Dear Sirs/Madams: We have read Item 4 of One Price Clothing Stores, Inc. Form 8-K dated November 12, 2003, and we agree with the statements made therein. /s/ Deloitte & Touche LLP -----END PRIVACY-ENHANCED MESSAGE-----