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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) October 19, 2001
GS Financial Services, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
033-07878-A 59-2686448
(Commission File Number) (IRS Employer Identification Number)
12 Fern Cliff Terrace
Glen Ridge, NJ 07028
(Address of principal executive offices)
(973) 783-4307
(Registrant's telephone number, including area code)
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Item 4. Changes in Registrant's Certifying Accountant
1. i. Registrant's primary accountant, Clancy
and Co., P.L.L.C., was dismissed by the Company on October
19, 2001.
ii. No reports on the financial statements
prepared by Clancy and Co., P.L.L.C. over the past two
years contained any adverse opinion or disclaimer of opinion,
or was qualified or modified as to uncertainty, audit
scope, or accounting principals.
iii. The decision to change accountants was
approved by the Board on October 19, 2001.
iv. During the registrant's two most recent
fiscal years, there were no disagreements with Clancy and
Co., P.L.L.C. on any matter of accounting principals or
practices, financial statement disclosure, or auditing scope
or procedure, which disagreements would have caused it to
make reference to the subject matter of the disagreements
in connection with its report.
2. i. The registrant retained the services of
the accounting firm of Harper and Pearson Company on October
19, 2001 as their principal accountant.
ii. The registrant did not contact the new accountant
prior to its engaging the new accountant regarding the
application of accounting principals to a specified
transaction, or the type of audit opinion that might be
rendered on the registrant's financial statements.
iii. The registrant did not contact the new
accountant prior to its engaging the new accountant
regarding any matter that was either the subject of a
disagreement or a reportable event.
3. The registrant has provided a copy of this report, on or prior to
the date of filing this report with the Commission, to Clancy and Co., P.L.L.C.
and requested that he furnish the registrant with a letter addressed to the
Commission stating his approval of or disagreement with the disclosures made
herein. Such letter will be filed with the Commission upon receipt by the
registrant, but not later than ten days following the filing of this report.
Item 7. Financial Statements and Exhibits
Financial Statements
None
Exhibits
16 -- Letter re change in certifying accountant.*
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* To be filed by amendment.
SIGNATURE
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.
GS FINANCIAL SERVICES, INC.
By:/s/Thomas V. Ackerly
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Thomas V. Ackerly, President
and Chief Executive Officer
Date: October 19, 2001