UNITED STATES
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): October 06, 2005
ARTESIAN RESOURCES CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 000-18516 51-0002090
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(State or other jurisdiction of (Commission (IRS Employer Identification No.)
incorporation) File Number)
664 Churchmans Road, Newark, Delaware 19702
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 302-453-6900
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Not Applicable
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On October 06, 2005, Artesian Resources Corporation (the "Company") engaged BDO
Seidman, LLP ("BDO") as the Company's independent registered public accounting
firm. The engagement of BDO was approved by the Audit Committee of the Company's
Board of Directors. BDO will review the Company's consolidated financial
statements for the quarter and nine months ended September 30, 2005 and will
audit the consolidated financial statements for the year ended December 31,
2005. The Company's former independent registered public accounting firm, KPMG
LLP ("KPMG"), resigned on August 9, 2005, as reported in the Company's Form 8-K
filed on August 15, 2005.
During the Company's two most recent fiscal years and through October 6, 2005,
the Company did not consult with BDO regarding either (i) 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 Company's financial
statements, or (ii) any matter that was either the subject of disagreement or
reportable events, as set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
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 by the
undersigned hereunto duly authorized.
ARTESIAN RESOURCES CORPORATION
Date: October 07, 2005 By: /s/ DIAN C. TAYLOR
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Dian C. Taylor
President, Chief Executive Officer and
Chair of the Board
ARTESIAN RESOURCES CORPORATION
Date: October 07, 2005 By: /s/ DAVID B. SPACHT
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David B. Spacht
Vice President, Chief Financial Officer and
Treasurer