<SUBMISSION>
<ACCESSION-NUMBER>0000886206-02-000020
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20020606
<ITEMS>4
<FILING-DATE>20020606
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>FRANKLIN COVEY CO
<CIK>0000886206
<ASSIGNED-SIC>2780
<IRS-NUMBER>870401551
<STATE-OF-INCORPORATION>UT
<FISCAL-YEAR-END>0831
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-11107
<FILM-NUMBER>02672286
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2200 W PKWY BLVD
<CITY>SALT LAKE CITY
<STATE>UT
<ZIP>84119-2331
<PHONE>8018177171
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2200 W PARKWAY BLVD
<CITY>SALT LAKE CITY
<STATE>UT
<ZIP>84119
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>FRANKLIN QUEST CO
<DATE-CHANGED>19940218
</FORMER-COMPANY>
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<TEXT>
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<HEAD>
<TITLE>Form 8-K</title>
</head>
<body>
<hr noshade>
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><b>SECURITIES AND EXCHANGE COMMISSION </b></font><br>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2><b> Washington, D.C. 20549 </b></font></p>

<p ALIGN=CENTER> &#151;&#151;&#151;&#151;&#151;&#151;</p>
<p ALIGN=CENTER><font size=+1><b>FORM 8-K</b></font></p>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT
REPORT</FONT></H1>

<p ALIGN=CENTER> &#151;&#151;&#151;&#151;&#151;&#151;</p>

<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>
PURSUANT TO SECTION 13 OR 15 (d) OF THE
<br>SECURITIES EXCHANGE ACT OF 1934</B></font></p>

<p ALIGN=CENTER>Date of Report (Date of Earliest Event Reported):</p>

<p ALIGN=CENTER><B>June 3, 2002</b></p>

<p align=center> Commission file no. 1-11107 </p>
<p align=center><IMG SRC="logo.jpg" ALT="FC logo"width=260 height=65>
<p align=center><font size=3><b>FRANKLIN COVEY CO.</b></font><br>
Incorporated pursuant to the Laws of the State of Utah</p>
<p ALIGN=CENTER> &#151;&#151;&#151;&#151;&#151;&#151;</p>
<p ALIGN=CENTER>Internal Revenue Service - Employer Identification No. &nbsp;87-0401551 </p>
<p ALIGN=CENTER>2200 West Parkway Boulevard, Salt Lake City, Utah &nbsp;84119-2099<br>
(801) 817-1776 </p>
<p ALIGN=CENTER> &#151;&#151;&#151;&#151;&#151;&#151;</p>

<hr noshade>
<P align=center>&nbsp;</p>

<PAGE>


<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 4.&nbsp;&nbsp; Change
in Certifying Accountant</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective
June 3, 2002, the Board of Directors of Franklin Covey Co. (the
&#147;Company&#148;), upon recommendation of its audit committee, dismissed
Arthur Andersen LLP (&#147;Andersen&#148;) as the Company&#146;s independent
auditors. Andersen had audited the Company&#146;s financial statements since
1996. Also on June 3, 2002, the Board of Directors engaged KPMG LLP
(&#147;KPMG&#148;) as the Company&#146;s independent auditors for the fiscal
year ending August 31, 2002. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with its audits of the Company for the fiscal years ended August 31,
2001 and 2000, and during the subsequent interim period preceding the engagement
of KPMG, there were no disagreements with Andersen on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure. Andersen&#146;s reports on the Company&#146;s financial statements
for the years ended August 31, 2001 and 2000 did not contain an adverse opinion
or disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope, or accounting principles. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the previous two fiscal years, and during the subsequent interim period
preceding the engagement of KPMG, Andersen did not advise, and has not indicated
to the Company that it had reason to advise, the Company of any reportable
event, as defined in Item 304(a)(1)(b) of Regulation S-K. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has provided Andersen a copy of the foregoing disclosures. Attached
as exhibit 16 to this Current Report on Form 8-K is a copy of Andersen&#146;s
letter, dated June 3, 2002, stating its agreement with the foregoing
disclosures. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the previous two fiscal years, and during the subsequent interim period
preceding the engagement of KPMG, the Company did not consult with KPMG
regarding the application of accounting principles to a specified transaction,
either contemplated or proposed, or the type of audit opinion that might be
rendered on the Company&#146;s financial statements or any other matter that
would be required to be reported in this Current Report on Form 8-K. The
foregoing disclosure has been provided to KPMG for its review. </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7.&nbsp;&nbsp;Financial Statements and Exhibits</font></h2>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)</font></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
 Exhibits:</font></td>
</tr></table>
<br>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp; </TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Exhibit 16</FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Letter from Arthur Andersen LLP stating its agreement with the disclosures in
this Current Report on Form 8-K.</FONT></TD>
</TR>
</TABLE>
<BR>

<BR><BR><BR><BR><BR>
<PAGE>



<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES</FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 thereunto
duly authorized. </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
   <tr valign=top>
     <td width=50%></td>
     <td width=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FRANKLIN COVEY CO.</font></td>
</tr>
</table>
<br>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
   <tr valign=top>
     <td width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;June 6, 2002</font><hr></td>
     <td width=20%>&nbsp;</td>
     <td width=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Stephen D. Young</font><hr></td>
</tr></table>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
   <tr valign=top>
     <td width=55%></td>
     <td width=45%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Stephen D. Young</font></td>
</tr></table>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
   <tr valign=top>
     <td width=55%></td>
     <td width=45%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Senior Vice-President, Controller</font></td>
</tr></table>
<PAGE>


<BR><BR><BR><BR>


<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT INDEX</FONT></H1>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=8%>&nbsp; </TD>
<TD WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Exhibit 16</FONT></TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Letter from Arthur Andersen LLP stating its agreement with the disclosures in
this Current Report on Form 8-K.</FONT></TD>
</TR>
</TABLE>
</body>
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end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16
<SEQUENCE>4
<FILENAME>exh_16.htm
<DESCRIPTION>CHANGE IN ACCOUNTANCY FIRMS
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 16</title>
</head>
<body>
<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
June 3, 2002</font></p>
<br><br><br>



<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Office of the Chief Accountant<br>
Securities and Exchange Commission<br>
450 Fifth Street, N.W.<br>
Washington, D.C. 20549</font></p>
<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Dear Sir/Madam:</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We have read the second and
third paragraphs of Item 4 included in the form 8-K dated June 3, 2002 of
Franklin Covey Co., to be filed with the Securities and Exchange Commission, and
are in agreement with the statements contained therein. </FONT></P>
<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Very truly yours,</font></p>
<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Arthur Andersen LLP</font></p>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>cc:</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Mr. Stephen D. Young<br>
     Senior Vice-President, Controller<br>
     Franklin Covey Co.</font>
 </TD>
</tr></table>
</body>
</html>

</TEXT>
</DOCUMENT>
</SUBMISSION>
