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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 (Date of earliest event reported): October 26, 1997
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LOUISIANA-PACIFIC CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-7107 93-0609074
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Incorporation) No.)
111 S.W. Fifth Avenue, Portland, Oregon 97204
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (503) 221-0800
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(1) (i) Arthur Andersen LLP, the independent accounting firm
that was previously engaged as the principal accountant to audit the
registrant's financial statements, was dismissed effective October 26, 1997.
(ii) None of the reports of Arthur Andersen LLP for the past
two years contained any adverse opinion or disclaimer of opinion or was
qualified or modified as to uncertainty, audit scope, or accounting principles.
(iii) The decision to change accountants was recommended and
approved by the audit committee of the board of directors of the registrant.
(iv) During the registrant's two most recent fiscal years and
subsequent interim periods preceding the dismissal of Arthur Andersen LLP, there
were no disagreements between the registrant and Arthur Andersen LLP on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure which, if not resolved to the satisfaction of Arthur
Andersen LLP, would have caused Arthur Andersen LLP to make reference to the
subject matter of the disagreement or disagreements in its report.
(2) Effective October 26, 1997, the registrant engaged
Deloitte & Touche LLP as its principal accountant to audit the registrant's
financial statements. During the registrant's two most recent fiscal years and
subsequent interim periods prior to the engagement of Deloitte & Touche LLP, the
registrant did not, nor did anyone on the registrant's behalf, consult Deloitte
& Touche LLP regarding either (A) the application of accounting principles to a
specified completed or proposed transaction, or the type of audit opinion that
might be rendered on the registrant's financial statements as to which a written
report or oral advice was provided to the registrant that was an important
factor considered by the registrant in reaching a decision as to such
accounting, auditing or financial reporting issue, or (B) any matter that was
the subject of a disagreement between the registrant and Arthur Andersen LLP or
an event of the type described in paragraph (1)(v) above.
(3) The registrant has provided Arthur Andersen LLP with a
copy of the disclosures it is making in this Form 8-K. The registrant requested
that Arthur Andersen LLP furnish the registrant with a letter addressed to the
Securities and Exchange Commission stating whether Arthur Andersen LLP agrees
with the statements made by the registrant herein and, if not, stating the
respects in which it does not agree. The letter subsequently furnished by Arthur
Andersen LLP is included as Exhibit 16 to this report.
ITEM 7. EXHIBITS.
Exhibit 16 - Letter of Arthur Andersen LLP regarding change in
certifying accountant
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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.
Date: October 31, 1997 LOUISIANA-PACIFIC CORPORATION
By /s/ CURTIS M. STEVENS
Curtis M. Stevens
Vice President, Chief Financial
Officer and Treasurer
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EXHIBIT 16
Arthur
Andersen
October 28, 1997 Arthur Andersen LLP
Securities and Exchange Commission Suite 1400
Washington, D.C. 20549 111 S.W. Columbia
Portland, OR 97201-5875
503 226 1331
Gentlemen:
We have read section (1) of Item 4 included in the attached Form 8-K dated
October 26, 1997 of Louisiana-Pacific Corporation to be filed with the
Securities and Exchange Commission and are in agreement with the statements
contained therein.
Very truly yours,
/s/ Arthur Andersen LLP