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):
April 28, 1998
INDEPENDENT RESEARCH AGENCY FOR LIFE INSURANCE, INC.
(Exact name of registrant as specified in its
charter)
Texas
(State or other jurisdiction of incorporation or
organization)
33-56402-FW
(Commission File Number)
75-1731373
(IRS Employer Identification No.)
4100 South Hulen
Fort Worth, Texas
(Address of principal executive offices)
76109
(Zip Code)
(817) 731-8621
(Registrant's telephone number, including area
code)
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Item 4. Changes in Registrant's Certifying Accountants
At a meeting held on April 27, 1998 , the Board of Directors of the
Company approved the engagement of Ernst & Young, LLP as its
independent auditors for the fiscal year ending September 30, 1998 to
replace the firm of Brantley, Frazier, Rogers & Company, P.C., who
were dismissed as auditors of the Company effective April 28, 1998.
The reports of Brantley, Frazier, Rogers & Company, P.C. on the
Company'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.
In connection with the audits of the Company's financial statements
for each of the fiscal years ended September 30, 1997 and 1996, and in
the subsequent interim period, there were no disagreements with
Brantley, Frazier, Rogers & Company, P.C. on any matters of accounting
principles or practices, financial statement disclosure, or auditing
scope and procedures which, if not resolved to the satisfaction of
Brantley, Frazier, Rogers & Company, P.C. would have caused Brantley,
Frazier, Rogers & Company, P.C. to make reference to the matter in
their report.
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INDEPENDENT RESEARCH AGENCY FOR LIFE INSURANCE, INC.,
AND SUBSIDIARIES
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 thereunto duly authorized.
INDEPENDENT RESEARCH AGENCY FOR LIFE INSURANCE, INC.,
(Registrant)
Date: May 1, 1998 By /S/ Lamar C. Smith
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LAMAR C. SMITH
Chairman of the Board and
Chief Executive Officer
(Duly Authorized Officer)
Date: May 1, 1998 By /S/Martin R. Durbin
----------------- -----------------------
MARTIN R. DURBIN
Treasurer and
Chief Financial Officer
(Principal Financial Officer)
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May 1, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen,
We have read Item 4 of Form 8-K dated May 1, 1998, of Independent
Research Agency for Life Insurance, Inc. and are in agreement with the
statements contained in the second and third paragraphs on page 2 therein.
We have no basis to agree or disagree with other statements of the
registrant contained therein.
/s/ Witt Coffield
Brantely Frazier, Rogers & Company, P.C.
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