SECURITIES & 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) December 15, 1998
Exact Name of Registrant as Specified in Charter:
Systems Assurance Corporation
State of Other Jurisdiction of Incorporation:
DELAWARE
Commission File Number: 0-011228
IRS Employer Identification Number: 02-0337028
Address and Telephone Number of Principle Executive Offices:
4505 SOUTH WASATCH BOULEVARD #330
SALT LAKE CITY, UTAH 84121
(801) 359-9300
Item 4. Changes in Registrant's Certifying Accountants.
BDO Seidman, LLP ("BDO Seidman") was previously the independent accountant for
Systems Assurance Corporation On December 15, 1998, the Board of Directors
approved the engagement of the firm of Crouch, Bierwolf & Chisholm to replace
BDO Seidman which declined to stand for reelection as the Certifying
Accountants for the Company.
In connection, with the audit of the previous fiscal years ended October 31,
1997 and 1996, there were no disagreements with BDO Seidman on any matter of
accounting principle or practices, financial statement disclosure, or auditing
scope or procedures, which disagreements if not resolved to their
satisfaction would have caused them to make reference in connection with
their opinion to subject matter of the disagreement, and said firm has not
advised the registrant of any reportable events.
The accountant's report of BDO Seidman on the financial statements of Systems
Assurance Corporation as of October 31, 1997 and for the year ended did not
contain any adverse opinion or disclaimer of opinion, nor were they qualified
as to audit scope, or accounting principles.
Item 7. Exhibits
Exhibit No. Description Page
16.1 Letter of Change 3
in Accoutants
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Systems Assurance Corporation
/s/ Dean H. Becker
President and Director
Date: December 16, 1998
BDO Seidman
December 16, 1998
Securities & Exchange Commission
Washington, D.C.
Gentlemen:
I have been furnished with a copy of the response to Item 4 of the Form 8-K
for the event that occurred on December 15, 1998 filed by our former client,
Systems Assurance corporation. I agree with the statements made in response
to that item insofar as they relate to my firm.
Sincerely,
/s/ BDO Seidman
