FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 15, 1999
Expert Software, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-25646 65-0359860
(Commission File Number) (I.R.S. Employer Identification No.)
802 Douglas Road, 6th Floor, Coral Gables, Florida 33134
(Address of principal executive offices)
Registrant's telephone number, including area code: (305) 567-9990
Page 1 of 2 Pages
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On January 15, 1999, Arthur Andersen LLP resigned as auditors of Expert
Software, Inc. (the "Company"), and, concurrently, management of the Company
engaged Grant Thornton LLP to audit the consolidated financial statements of
Expert Software, Inc. and Subsidiaries as of and for the year ending December
31, 1998. The decision to change auditors was approved by the Audit Committee of
the Company's Board of Directors.
The reports of Arthur Andersen LLP on the Company's financial statements for the
past two fiscal years ended December 31, 1997 and 1996 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. In connection with the
audits of the Company's financial statements for each of the two fiscal years
ended December 31, 1997 and 1996, and in the subsequent interim periods, there
were no disagreements with Arthur Andersen LLP on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope and
procedures which, if not resolved to the satisfaction of Arthur Andersen LLP,
would have caused Arthur Andersen LLP to make reference to the matter in their
reports.
During the two most recent fiscal years ended December 31, 1997 and during the
subsequent interim period prior to engaging Grant Thornton LLP, neither the
Company nor someone on the Company's behalf consulted with Grant Thornton LLP
regarding either the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that
might be rendered on the Company's financial statements.
The predecessor auditor informed the Company of the existence of no reportable
events, as defined in Item 304(a)(1)(v) of Regulation S-K.
The Company has requested Arthur Andersen LLP to furnish it a letter addressed
to the Commission stating whether it agrees with the above statements. A copy of
that letter, dated January 19, 1999, is filed as Exhibit 16 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 16. Letter from Arthur Andersen LLP
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: January 19, 1999
Expert Software, Inc.
By: /s/ Steven R. Mountain
Steven R. Mountain
Chief Financial Officer
ARTHUR ANDERSEN LETTERHEAD
January 19, 1999
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir/Madam:
We have read Item 4 included in the Form 8-K dated January 15, 1999 of Expert
Software, Inc. filed with the Securities and Exchange Commission and are in
agreement with the statements contained therein.
Very truly yours,
/s/ Arthur Andersen LLP
cc: Mr. Kenneth P. Currier, CEO, Expert Software, Inc.
