UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
---------------
FORM 8-K/A
AMENDMENT NO. 1
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 3, 1998
SECURED INVESTMENT RESOURCES FUND, L.P. III
(Exact Name of Registrant as Specified in its Charter)
MISSOURI 000-18475 48-6291172
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1100 Main, Suite 2100, Kansas City, MO 64105
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (816) 421-4670
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Item 4. Changes in Control of Registrant's Certifying Accountant.
(a) Previous independent accountants.
(i) On or about November 3, 1998, Secured Investment Resources
Fund, L.P. III (the "Registrant") dismissed BDO Seidman LLP as the Registrant's
independent accountants and engaged Baird, Kurtz & Dobson as its independent
accountants.
(ii) BDO Seidman LLP's reports on the financial statements of
the Registrant 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.
(iii) The decision to change independent accountants from BDO
Seidman LLP to Baird, Kurtz & Dobson was recommended by Nichols Resources, Ltd.,
a general partner of the Registrant.
(iv) During the Registrant's fiscal years ending December 31,
1996 and December 31, 1997 and the subsequent interim period preceding the
dismissal, there were no disagreements with BDO Seidman LLP on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure which, if not resolved to the satisfaction of BDO Seidman
LLP, would have caused BDO Seidman LLP to make reference to the subject matter
of the disagreement(s) in connection with their report.
(v) During the periods listed in item (iv) above, there have
been no "reportable events" (as defined in paragraph (a)(1)(v) of Item 304 of
Regulation S-K).
(vi) The Registrant has provided BDO Seidman LLP with a copy
of this disclosure and requested that BDO Seidman LLP furnish it with a letter
addressed to the Securities and Exchange Commission (the "Commission") stating
whether it agrees with the above statements. A copy of the BDO Seidman LLP
letter addressed to the Commission is filed as Exhibit 16.1 to this Form 8-K.
(b) New independent accountants.
(i) On or about the date of dismissal of BDO Seidman LLP, the
Registrant engaged Baird, Kurtz & Dobson as independent accountants for the
fiscal year ending December 31, 1998.
(ii) Prior to the appointment of Baird, Kurtz & Dobson, the
Registrant did not engage or consult with Baird, Kurtz & Dobson regarding any of
the matters described in Item 304(a)(2) of Regulation S-K.
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<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits
16.1 Letter of BDO Seidman LLP, dated November 19, 1998
regarding change in certifying accountant.
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.
SECURED INVESTMENT RESOURCES
FUND, L.P., III, a Missouri limited
partnership
Date: November 30, 1998 By: Nichols Resources, Ltd., a
general partner
By: /s/ Christine A. Robinson
Christine A. Robinson
President
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<PAGE>
EXHIBIT INDEX TO FORM 8-K/A
Exhibit
Number Description
16.1 Letter of BDO Seidman, LLP dated November 19, 1998 regarding
change in certifying accountant.
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EXHIBIT 16.1
November 19, 1998
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have been furnished with a copy of the response to Item 4 of Form 8-K for the
event that occurred on November 3, 1998 filed by our former client, Secured
Investment Resources Fund, L.P. III.
We agree with the statements made by that Item insofar as they relate to our
Firm.
Very Truly Yours,
s/ BDO Seidman, LLP
