SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: June 6, 2002
FINANCIAL FEDERAL CORPORATION
(Exact name of Registrant as specified in its charter)
Nevada 1-12006 88-0244792
(State of incorporation) (Commission file number) (I.R.S.Employer
Identification No.)
733 Third Avenue, New York, New York 10017
(Address of principal executive offices)
(Zip Code)
(212) 599-8000
(Registrant's telephone number, including area code)
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
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On June 6 2002, the Board of Directors of Financial
Federal Corporation ("the Company"), upon the recommendation of
the Audit Committee, dismissed Arthur Andersen LLP ("Andersen")
as the Company's independent auditors and appointed KPMG LLP as
the Company's independent auditors for the fiscal year ending
July 31, 2002.
The change in independent auditors did not occur due to
any existing or previous accounting disagreements with Andersen,
and Andersen has expressed no disclaimer of opinion, adverse
opinion, qualification or modification as to uncertainty, audit
scope or accounting principles regarding the financial statements
of the Company or the audit process, for the year ended July 31,
2001 or any subsequent interim period preceding the dismissal.
Neither have there been any accounting disagreements or
reportable events within the meaning of Item 304(a)(1)(v) of
Regulation S-K for those periods. The Company's financial
statements for the year ended July 31, 2000 were audited by
Eisner & Lubin LLP.
Andersen has stated in its letter addressed to the
Securities and Exchange Commission, attached as Exhibit 16.1, its
agreement with the statements made by the Company in Item 4.
During the Company's two most recent fiscal years ended
July 31, 2001 and the subsequent interim period preceding the
dismissal, the Company did not consult with KPMG regarding any of
the matters or events set forth in Item 304(a)(2)(i) and (ii) of
Regulation S-K.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
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(C) Exhibits:
16.1 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated June 6, 2002 pursuant to
Item 304(a)(3) of Regulation S-K
99 Press Release of Financial Federal Corporation dated
June 6, 2002
EXHIBIT INDEX
Exhibit No. Description of Exhibit
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16.1 Letter from Arthur Andersen LLP to the Securities
and Exchange Commission dated June 6, 2002 pursuant
to Item 304(a)(3) of Regulation S-K
99 Press Release of Financial Federal Corporation
dated June 6, 2002
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, Financial Federal Corporation has duly caused this report
to be signed on its behalf by the undersigned thereunto duly
authorized.
FINANCIAL FEDERAL CORPORATION
By: /s/ Steven F. Groth
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Senior Vice President and
Chief Financial Officer
(Principal Financial
Officer)
June 6, 2002
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(Date)
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