SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 3, 1995
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/2
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-11723 94-2883067
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification
Number)
One Insignia Financial Plaza
Post Office Box 1089
Greenville, South Carolina 29602
(Address of Principal Executive Office)
Registrant's telephone number, including area code (803) 239-1000
Item 4. Changes in Registrant's Certifying Accountant
As of May 3, 1995, Arthur Andersen LLP, the independent accountant
previously engaged as the principal accountant to audit the
financial statements of Consolidated Capital Institutional
Properties/2 (the "Registrant" or the "Partnership"), was
dismissed. As of the same date, the firm of Ernst & Young LLP was
engaged to provide that service for the Registrant.
The audit reports of Arthur Andersen LLP on the financial
statements of the Partnership as of and for the years ended
December 31, 1994 and 1993, did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principles.
During the Partnership's two most recent fiscal years and any
subsequent interim period preceding the change, there were no
disagreements with the former accountant on any matter of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of the former accountant, would have
caused it to make reference to the subject matter of the
disagreements in connection with its report.
The Registrant has provided a copy of this disclosure to the former
accountant, and the Registrant requested that the former accountant
furnish the Registrant with a letter addressed to the Securities
and Exchange Commission stating whether it agrees with the
statements made by the Registrant, and, if not, stating the
respects in which it does not agree. A copy of the former
accountant's response indicating agreement is included as an
exhibit to this report.
Item 7. Financial Statements and Exhibits
(a) Financial statements of businesses acquired. - Not
Applicable
(b) Pro forma financial information. - Not Applicable
(c) Exhibits
The following exhibit is filed as part of this report:
Exhibit No. Exhibit
16.2 Letter dated May 9, 1995 from the
Registrant's former independent
accountant regarding its concurrence
with the statements made by the
Registrant in this Current Report.
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.
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/2
By: ConCap Equities, Inc.
General Partner
By:
Carroll D. Vinson
President
Date: May 3, 1995
May 9, 1995
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We have read Item 4 included in the attached Form 8-K dated May 3, 1995, of
Consolidated Capital Institutional Properties/2, to be filed with the Securities
and Exchange Commission and are in agreement with the statements contained
therein.
Very truly yours,
Arthur Andersen LLP
