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) December 10, 1997
IMAGE SOFTWARE, INC.
(Exact Name of Registrant as Specified in its Charter)
COLORADO 0-12535 84-0866294
(State of Incorporation) (Commission File (IRS Employer ID
Number) Number)
6486 S. Quebec Street
Englewood, Colorado 80111
(Address of Principal Executive Offices)
(303) 694-9180
(Registrant's Telephone Number)
Item 4. Changes in Registrant's Certifying Accountant
On December 10, 1997, 1mage Software, Inc. (the "Company") informed
its independent certified public accountants, Karsh & Co., P.C. ("Karsh")
that it had been dismissed because Karsh had increased its fees over the
amount paid in fiscal 1996. The decision was made by the Company's Audit
Committee. Karsh had served as the Company's independent auditors since
1992.
The reports of Karsh on the financial statements of the Company for
each of the two fiscal years in the period ended December 31, 1996 did not
contain any adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting
principles.
In the opinion of management of the Company, the financial statements
contained in the Company's reports on Form 10-Q for the first, second and
third quarters of 1997 appropriately reflect all business transactions and
all adjustment necessary for a fair presentation of the financial position
and the results of operations of the Company for the periods presented.
During the Company's two most recent audited fiscal years (1995 and
1996) and the current unaudited interim year (1997), there were no
"disagreements" (as that term is used in Item 304 of Regulation S-K)
between Karsh and the Company on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.
The Company has authorized Karsh to respond fully to the inquiries of
the Company's successor accountant. Karsh has provided the Company with a
letter addressed to the SEC, as required by Item 304(a)(3) of Regulation S-
K, which is filed herewith. The Company has not yet selected a successor
to Karsh but expects to do so in the near future.
ITEM 7 Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
99 Letter from Karsh & Co., P.C. to the Securities and Exchange
Commission
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.
1MAGE SOFTWARE, INC.
Date: December 17, 1997 By:/s/David R. DeYoung
David R. DeYoung, President
EXHIBIT INDEX
EXHIBIT METHOD OF FILING
- ------- ----------------
99 Letter from Karsh & Co.,
P.C. to the Securities
and Exchange Commission Filed herewith electronically
KARSH & COMPANY P.C.
Certified Public Accountants/Litigation Consultants
One Tabor Center 1200 17th Street, Suite 880
Denver, Colorado 80202-5808
(303) 825-1000 FAX (303) 825-8800
December 17, 1997
Securities and Exchange Commission
450 - 5th Street, NW
Washington, D.C. 20549
Re: Image Software, Inc.
File Ref. No. 0-12535
We were previously the principal accountants for Image Software, Inc. and
under the date of February 11, 1997, we reported on the financial
statements of Image Software, Inc. as of and for the years ended December
31, 1996 and 1995. On December 10, 1997, our appointment as principal
accountant was terminated. We have read Image Software, Inc.'s statements
included under Item 4 of its Form 8-K dated December 10, 1997 and we agree
with such statements.
Very Truly Yours,
/s/Karsh & Company, P.C.
Karsh & Company, P.C.
