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) February 26, 1998
Keller Financial Services of Florida, Inc.
(Exact name of registrant as specified in charter)
Florida 33-46921-A 59-3110610
(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
18167 U.S. Hwy 19 N, Suite 450, Clearwater, FL 33623
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (813) 524-1400
N/A
(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant.
On February 26, 1998, Keller Financial Services of Florida, Inc.
(the "Company") was advised by KPMG Peat Marwick LLP ("KPMG") that KPMG
was resigning as the Company's independent accountants.
KPMG's reports on the financial statements of the Company for the fiscal
years ended December 31, 1994 and 1995 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.
To the knowledge of the present executive management and the Board of
Directors of the Company, in connection with the audits of the Company's
financial statements for each of the two fiscal years ended December 31, 1994
and 1995, and the subsequent interim period, there were no disagreements with
KPMG on any matters of accounting principles or practices, financial statement
disclosure or auditing scope and procedure which, if not resolved to the
satisfaction of KPMG, would have caused KPMG to make reference to the matter in
its reports, except as to the audit as of and for the year ended December 1996;
(1) KPMG had requested certain information which the Company was unablbe to
provide as of the date of KPMG's resignation. KPMG has stated that the lack of
such information presented a scope limitation with respect to the completion of
the audit as of and for the year ended December 1996. (2) KPMG communicated to
the Company that as a result of a number of changes in the Company's senior
financial management, KPMG is unwilling to rely on representations of current
management with respect to the financial information provided for the period
ended December 31, 1996. As a result of its resignation, KPMG will not complete
the audits as of and for the year ended December 31, 1996.
The Company is currently interviewing independent accountants to complete the
audits as December 31, 1997 and 1996 and for the two years then ended.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description of Document
16. Letter dated March 27, 1998 from KPMG Peat Marwick LLP
to the Securities and Exchange Commission.
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.
Keller Financial Services of Florida, Inc.
Date: March 27, 1998 By: /s/ Brian R. Keller
Its: Chairman and Secretary and Treasurer
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EXHIBIT 16
March 27, 1998
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Keller Financial Services of
Florida, Inc. and and all related entities: XXunder the date of February 16,
1996, except for note I, which is as of April 29, 1996, we reported on the
financial statements of for Keller Financial Services of Florida, Inc. and and
all related entities: XX as of and for the years ended December 31, 1995 and
1994. On February 26, 1998 we resigned. We have read Keller Financial Services
of Florida, Inc and all related entities: XX. statements included under Item 4
of its Form 8-K dated March 27, 1998, and we agree with such statements, except
we have no knowledge of the matter discussed in the last paragraph regarding
interviewing independent accountants.
Very truly yours,
/s/ KPMG PEAT MARWICK LLP
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