Flooring America, Inc. Makes Announcement.Business Editors KENNESAW, Ga.--(BUSINESS WIRE)--Jan. 11, 2000 Flooring America, Inc. (formerly known as The Maxim Maxim (măk`sĭm), name of a family of inventors and munition makers. Sir Hiram Stevens Maxim, 1840–1916, was born near Sangerville, Maine. Group, Inc.), announced today that it has terminated the engagement of Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing LLP LLP - Lower Layer Protocol as the Company's independent public accountant and engaged Ernst & Young, LLP to serve as the Company's independent public accountant. The Company stated that it had not had any disagreements with Arthur Andersen LLP on any matter of accounting principles or practices, financial statements disclosure or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of Arthur Andersen LLP would have caused Arthur Andersen LLP to make reference thereto there·to adv. 1. To that, this, or it. 2. Archaic In addition to that; furthermore. thereto Adverb Formal 1. to that or it 2. in their report on the consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge of the Company for such periods. Located in the Atlanta suburb of Kennesaw, Flooring America, Inc. is a leading specialty retailer of floor covering products and the industry's only publicly traded franchisor. The Company's retail network extends to 1,000 locations, including 300 Company-owned operations. |
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