U.S. 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) September 29, 1998
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COMPUTER OUTSOURCING SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Commission file number: 0-20824
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New York 13-3252333
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
360 West 31st Street New York, New York 10001
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(Address of principal executive offices) (Zip Code)
(212) 564-3730
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(Issuer's telephone number)
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COMPUTER OUTSOURCING SERVICES, INC.
Item 4. Change in Registrant's Certifying Accountant
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On September 29, 1998, the Company notified Deloitte & Touche LLP ("D&T")
that the Company's Board of Directors had voted not to engage D&T to perform
the audit for the year ending October 31, 1998.
D&T's Report on the financial statements for the years ended October 31, 1997
and 1996 did not contain an adverse opinion, a disclaimer of opinion, nor any
qualification or modification as to uncertainty, audit scope, or accounting
principles.
During the audits of the two previous fiscal years, and during the reviews of
the three quarterly reports prepared subsequent to the last fiscal year, there
have been no disagreements with D&T on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.
During the audits of the two previous fiscal years, and during the reviews of
the three quarterly reports prepared subsequent to the last fiscal year, there
have been no reportable events as defined in Regulation S-K, Item 304(a)1(v).
Item 7. Exhibit
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16. Letter from Deloitte & Touche LLP dated October 1, 1998.
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.
COMPUTER OUTSOURCING SERVICES, INC.
/s/
Date: Oct. 6, 1998 ---------------------------------------------------
Zach Lonstein, Chairman and Chief Executive Officer
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Deloitte & Touche LLP
Two World Financial Center
New York, N.Y. 10281-1414
Telephone : (212) 436-2000
Fascimile : (212) 436-5000
October 1, 1998
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of Computer
Outsourcing Services, Inc. dated September 29, 1998.
Yours truly,
/s/
Deloitte & Touche LLP
