Attached files

                       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) February 23, 2012
                 --------------------------

               Dynasil Corporation of America
------------------------------------------------------------
   (Exact name of registrant as specified in its charter)

Delaware                   000-27503                22-1734088
-----------               ---------------            -------------
(State or other                Commission                 (IRS Employer
jurisdiction of incorporation)  File Number)       Identification No.)

            44 Hunt Street, Watertown, MA  02472
------------------------------------------------------------
          (Address of principal executive offices)

                       (617)-668-6855
 ----------------------------------------------------------
    (Registrant's telephone number, including area code)

                       Not Applicable
(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:

           Written communications pursuant to Rule 425 under the
  Securities Act (17 CFR 230.425)

           Soliciting material pursuant to Rule 14a-12 under the Exchange
  Act (17 CFR 240.14a-12)

           Pre-commencement communications pursuant to Rule 14d-2(b) under
  the Exchange Act (17 CFR 240.14d-2(b))

           Pre-commencement communications pursuant to Rule 13e-4(c) under
  the Exchange Act (17 CFR 240.13e-4(c))



  ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

  The Audit Committee of the Board of Directors of Dynasil Corporation of
  America ("Dynasil" or the "Company") annually considers and recommends
  to the Board the selection of independent public accountants. On
  February 23, 2012, after an evaluation process of several independent
  audit firms, and as recommended by Dynasil's Audit Committee and
  approved by the Board of Directors, the Company appointed McGladrey &
  Pullen, LLP ("McGladrey") as Dynasil's independent registered public
  accounting firm for the 2012 fiscal year, replacing Haefele, Flanagan &
  Co., p.c. ("Haefele Flanagan").

  On February 23, 2012, the Company dismissed Haefele Flanagan as the
  Company's independent registered public accounting firm.  The reports of
  Haefele Flanagan on the Company's consolidated financial statements for
  the years ended September 30, 2011 and September 30, 2010 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.

  For the years ended September 30, 2010 and 2011 and through the date of
  this Form 8-K, there have been no disagreements with Haefele Flanagan on
  any matter of accounting principles or practices, financial statement
  disclosure or auditing scope or procedure, which disagreements if not
  resolved to Haefele Flanagan's satisfaction would have caused them to
  make reference to the subject matter of the disagreement in connection
  with their reports. For the years ended September 30, 2010 and 2011 and
  through the date of this Form 8-K, there were no "reportable events" as
  that term is described in Item 304(a)(1)(v) of Regulation S-K.

  The Company provided Haefele Flanagan with a copy of the above
  disclosures and has requested Haefele Flanagan to furnish a letter
  addressed to the Securities and Exchange Commission stating whether
  Haefele Flanagan agrees with the above statements. A copy of that
  letter, dated February 27, 2012 is filed as Exhibit 16.1 to this Form 8-
  K.

  During the years ended September 30, 2011 and 2010 and through February
  23, 2012 (the date McGladrey was appointed), the Company did not consult
  McGladrey with respect to (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 consolidated
  financial statements, and neither a written report was provided to the
  Company nor oral advice was provided that McGladrey concluded was an
  important factor considered by the Company in reaching a decision as to
  the accounting, auditing or financial reporting issue; or (ii) any
  matter that was either the subject of a disagreement (as that term in
  defined in Item 304(a)(1)(iv) of Regulation S-K and the related
  instructions to Item 304 of Regulation S-K), or a "reportable event" (as
  that term is described in Item 304(a)(1)(i)(v) of Regulation S-K).



  Item 9.01. Financial Statements and Exhibits

  (d) EXHIBITS

  Exhibit 16.1   Letter from Haefele, Flanagan & Co., p.c. regarding
  change in certifying accountant.

  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.

                                       DYNASIL CORPORATION OF AMERICA
                                      (Registrant)

  Date:     February 29, 2012             By: /s/ Steven K. Ruggieri
                                       Steven K. Ruggieri
                                       President and CEO