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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): July 31, 1998
AMERICAN MANAGEMENT SYSTEMS, INCORPORATED
(Exact name of Registrant as specified in its Charter)
Delaware 0-9233 54-0856778
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(State of Incorporation) (Commission File Number) (IRS Employer Identification Number)
4050 Legato Road
Fairfax, Virginia 22033
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(Address of principal executive offices) (Zip Code)
(703) 267-8000
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(Registrant's telephone number, including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 31, 1998, at the Company's regularly scheduled meetings of its Board of
Directors and its Audit Committee of, the Company accepted the resignation of
PricewaterhouseCoopers LLP because of conflicts of interest resulting from the
July 1, 1998 merger of Price Waterhouse LLP and Coopers & Lybrand LLP. AMS and
Coopers & Lybrand LLP have long-standing business relationships which both
parties wish to continue. In view of the independence requirements of the
Securities and Exchange Commission regarding the independence of certifying
public accountants, AMS and PricewaterhouseCoopers LLP mutually have determined
that it would be inappropriate for PricewaterhouseCoopers LLP to continue as
the Company's accountants. Price Waterhouse LLP has been the Company's
independent certifying accountants for 28 years. As a result of the above
circumstances, the Audit Committee and Board of Directors thereupon appointed
Deloitte & Touche LLP as the Company's independent certifying accountant for
fiscal year 1998.
During the two fiscal years ended December 31, 1997, the reports of Price
Waterhouse LLP on the annual financial statements have neither contained any
adverse opinions or disclaimers of opinions, nor have they been qualified or
modified. During such two year period, and through July 31, 1998 there were
no disagreements with Price Waterhouse LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of Price
Waterhouse LLP, would have caused Price Waterhouse LLP to make reference to the
subject matter of the disagreement in connection with its reports on the
financial statements for such years.
A copy of a letter from PricewaterhouseCoopers LLP to the Securities and
Exchange Commission stating that it agrees with the statements made above is
attached to this Form 8-K as Exhibit 16.
ITEM 7. EXHIBITS.
The exhibit to this Form 8-K is as follows:
16. Letter of PricewaterhouseCoopers LLP confirming its agreement
with the statements made by the Company in Item 4 of this Form
8-K.
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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.
AMERICAN MANAGEMENT SYSTEMS, INCORPORATED
Date: August 3, 1998 By:/s/ Frank A. Nicolai
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Frank A. Nicolai
Executive Vice President, Secretary and Treasurer