UNITED STATES
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 (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 will be filed by amendment to this Form 8-K within
10 business days.)
(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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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
The required letter of BDO Seidman LLP regarding a change in
certifying will be filed by amendment within 10 business days.
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 12, 1998 By: Nichols Resources, Ltd., a
general partner
By: /s/ Christine A. Robinson
Christine A. Robinson
President
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