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UNITED STATES
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 24,1998
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INTERUNION FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0 - 28638 87-0520294
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation or organization) Number) Identification No.)
249 Royal Palm Way, Suite 301 H, Palm Beach, Fl 33480
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(Address of principal executive offices) (Zip Code)
(561) 820 - 0084
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(Issuer's telephone number)
______________________________________________________________________________
(Former name, former address and former fiscal year, if changed since last
report)
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ITEM 4 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective February 24, 1998, InterUnion Financial Corporation ("InterUnion")
has retained Ahearn Jasco + Company, P.A. ("AJC") of Pompano, FL as its new
certifying accountants. AJC, replaces Goldstein Golub Kessler & Company, P.C.
("GGK") of New York. GGK or its Nexia International affiliate Mintz &
Partneris ("MP") report on InterUnion's financial statements during the two
most recent fiscal years and all subsequent interim periods preceding the date
hereof contained no adverse opinion or a disclaimer of opinions, and was not
qualified as to uncertainty, audit scope or accounting principles. The
decision to change accountants was recommended by InterUnion's Audit Committee
and approved by InterUnion's Board of Directors.
During the last two fiscal years and subsequent interim period to the date
hereof, there were no disagreements between InterUnion and GGK or its Nexia
International affiliate MP on any matters of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to satisfaction of GGK or MP, would have
caused it to make a reference to the subject matter of the disagreements in
connection with its reports.
None of the reportable events described in Item 304(a) (1) (ii) occurred with
respect to InterUnion within the last two fiscal years and the subsequent
interim period to the date hereof.
Effective February 24, 1998, InterUnion engaged AJC as its principal
accountants. During the last two fiscal years and the subsequent interim
period to the date hereof, InterUnion did not consult AJC regarding any matter
or events set forth in Item 304(a) (2) (i) and (ii) of Regulation S-B.
ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS
Letters from MP dated March 4, 1997 [Exhibit 16(i)] and GGK dated February
24,1998 [Exhibit 16(ii)].
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
InterUnion Financial Corporation
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(Registrant)
Date February 24,1998 /s/ Georges Benarroch, Director
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(Signature)*
Date February 24,1998 /s/ Jacques Meyer De Stadelhofen, Director
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(Signature)*
* Print the name and title of each signing officer under his signature.
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Exhibit 16(i)
March 4, 1997
Office of the Chief Accountant
United States Securities and Exchange Commission
450 Fifth Street, Northwest
Washington 20549
Gentlemen/Mesdames:
RE: INTERUNION FINANCIAL CORPORATION
We were previously principal accountants and auditors for InterUnion Financial
Corporation and, under date of May 10, 1996, we reported on the consolidated
financial statements of InterUnion Financial Corporation and the subsidiaries
as of and for the years ended March 31, 1996 and 1995.
On March 4, 1997 InterUnion Financial Corporation retained Goldstein Golub
Kessler ("GGK"), a member of the Nexia International affiliation (as our firm
is) as principal certifying accountants.
We have read InterUnion Financial Corporation's statements included under item
4 of its Form 8-K dated March 4, 1997 and we agree with such statements.
Yours very truly,
/s/ Mintz & Partners
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Exhibit 16(ii)
February 24,1998
Securities and Exchange Commission
Washington, D.C. 20549
Re: InterUnion Financial Corporation
Commission File #000-28638
Gentlemen:
We have read the above referenced Registrant's response to Item 4 - Changes in
Registrant's Certifying Accountant with respect to its Current Report on Form
8-K dated February 24, 1998 and concur with the statement made therein.
/s/ Goldstein Golub Kessler & Company, P.C.
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