SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): January 14, 1997
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PRECISION STANDARD, INC.
(Exact name of registrant as specified in its charter)
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Colorado 0-13829 84-0985295
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction) Identification No.)
One Pemco Plaza
1943 50th Street North
Birmingham, Alabama 35212
(Address of principal executive offices)
Registrant's telephone number, including area code: (205) 591-3009
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ITEM 4 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On January 14, 1997, after review of the bids solicited from several
public accounting firms, the Audit Committee of the Board of Directors of
Precision Standard, Inc. (the "Company") approved the engagement of Arthur
Andersen LLP as the Company's independent auditors for the year ended
December 31, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Denver, State of
Colorado, on January 17, 1997.
PRECISION STANDARD, INC.
By:/s/Matthew L. Gold
Matthew L. Gold
President
