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: August 31, 1999
                        (Date of earliest event reported)

                                INTERDYNE COMPANY
             (Exact name of registrant as specified in its charter)

          CALIFORNIA                  0-4454             95-2563023
(State or other jurisdiction of     Commission        (I.R.S. Employer
 incorporation or organization)     File Number      Identification No.)

    7 Whatney, Irvine, California                           92618
(Address of principal executive offices)                  (Zip Code)

                                 (949) 454-2441
              (Registrant's telephone number, including area code)

<PAGE>

                                INTERDYNE COMPANY

ITEM 4: CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

(a)   Previous Independent Accountants

      (i)   On August 31, 1999, the Board of Directors of the Registrant
            approved the replacement of KPMG LLP ("KPMG") as its independent
            accountants. This action was taken after KPMG informed the
            Registrant that they declined to stand for reelection effective June
            30, 1999.

      (ii)  KPMG's reports on the Registrant's financial statements for the past
            two fiscal years did not contain an adverse opinion or a disclaimer
            of opinion and were not qualified or modified as to uncertainty,
            audit scope or accounting principles.

      (iii) During the two most recent fiscal years and any subsequent interim
            period preceding June 30, 1999, (i) there were no disagreements with
            KPMG on any matter of accounting principles or practices, financial
            statement disclosure, or auditing scope or procedure, which
            agreements, if not resolved to the satisfaction of KPMG, would have
            caused KPMG to make a reference to the subject matter of the
            disagreements in connection with its reports in the financial
            statements for such years, and (ii) there were no reportable events
            as described in Item 304 of Regulation S-K.

      (iv)  The Registrant provided KPMG with a copy of this report no later
            than the date this report was filed with the Securities and Exchange
            Commission and has requested that KPMG furnish it with the letter
            described in Item 304(a)(3) of Regulation S-K. A copy of the letter
            from KPMG to the Securities and Exchange Commission described in
            Item 304(a)(3) of Regulation S-K is filed as an exhibit hereto.

(b)   New Independent Accountants

      (i)   The Registrant engaged Gendron, Lim & Company ("Gendron") as its
            independent accountants to audit its financial statements, effective
            June 30, 1999. The action was approved by the Registrant's Board of
            Directors. Neither the Registrant nor anyone on its behalf has
            consulted with Gendron regarding 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
            Registrant's financial statements, and neither a written report nor
            oral advice was provided to the Registrant that Gendron concluded
            was an important factor considered by the Registrant in reaching a
            decision as to the accounting, auditing or financial reporting issue
            during its two most recent fiscal years or the subsequent interim
            period prior to engaging Gendron.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

      (c)   Exhibits

            16.   Letter from KPMG dated August 31, 1999, pursuant to Item
                  304(a)(3) of Regulation S-K. (Filed under separate cover by
                  KPMG.)


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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: August 31, 1999
                        (Date of earliest event reported)

                                INTERDYNE COMPANY
             (Exact name of registrant as specified in its charter)

          CALIFORNIA                  0-4454             95-2563023
(State or other jurisdiction of     Commission        (I.R.S. Employer
 incorporation or organization)     File Number      Identification No.)

    7 Whatney, Irvine, California                           92618
(Address of principal executive offices)                  (Zip Code)

                                 (949) 454-2441
              (Registrant's telephone number, including area code)
INTERDYNE COMPANY

ITEM 4: CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

(a)   Previous Independent Accountants

      (i)   On August 31, 1999, the Board of Directors of the Registrant
            approved the replacement of KPMG LLP ("KPMG") as its independent
            accountants. This action was taken after KPMG informed the
            Registrant that they declined to stand for reelection effective June
            30, 1999.

      (ii)  KPMG's reports on the Registrant's financial statements for the past
            two fiscal years did not contain an adverse opinion or a disclaimer
            of opinion and were not qualified or modified as to uncertainty,
            audit scope or accounting principles.

      (iii) During the two most recent fiscal years and any subsequent interim
            period preceding June 30, 1999, (i) there were no disagreements with
            KPMG on any matter of accounting principles or practices, financial
            statement disclosure, or auditing scope or procedure, which
            agreements, if not resolved to the satisfaction of KPMG, would have
            caused KPMG to make a reference to the subject matter of the
            disagreements in connection with its reports in the financial
            statements for such years, and (ii) there were no reportable events
            as described in Item 304 of Regulation S-K.

      (iv)  The Registrant provided KPMG with a copy of this report no later
            than the date this report was filed with the Securities and Exchange
            Commission and has requested that KPMG furnish it with the letter
            described in Item 304(a)(3) of Regulation S-K. A copy of the letter
            from KPMG to the Securities and Exchange Commission described in
            Item 304(a)(3) of Regulation S-K is filed as an exhibit hereto.

(b)   New Independent Accountants

      (i)   The Registrant engaged Gendron, Lim & Company ("Gendron") as its
            independent accountants to audit its financial statements, effective
            June 30, 1999. The action was approved by the Registrant's Board of
            Directors. Neither the Registrant nor anyone on its behalf has
            consulted with Gendron regarding 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
            Registrant's financial statements, and neither a written report nor
            oral advice was provided to the Registrant that Gendron concluded
            was an important factor considered by the Registrant in reaching a
            decision as to the accounting, auditing or financial reporting issue
            during its two most recent fiscal years or the subsequent interim
            period prior to engaging Gendron.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

      (c)   Exhibits

            16.   Letter from KPMG dated August 31, 1999, pursuant to Item
                  304(a)(3) of Regulation S-K. (Filed under separate cover by
                  KPMG.)

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