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 1, 1998
COMPUTER POWER INC.
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(Exact name of registrant as specified in its charter)
New Jersey 0-15927 22-1981869
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification No.)
Registrant's telephone number, including area code 908-638-8000
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Item 4 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
On September 1, 1998, the company dismissed its independent
accountants, Arthur Andersen, LLP and engaged a new independent accountant,
Rosenberg Rich Baker Berman & Company, to audit the financial statements for the
fiscal year ended December 31, 1998. The decision to change accountants was
approved by the company's board directors.
The reports on the financial statements of the company for the past two
years do not contain any adverse opinion or disclaimers of opinion, nor were
they modified as to uncertainty, audit scope, or accounting principles.
This change in the company's accountants was due to the registrant's
desire to reduce cost. There were no disagreements with Arthur Andersen, LLP on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
September 4, 1998 By: /s/ Hiro Hiranandani
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President