System Software Associates Inc, Chicago reports that its former accountants, Price Waterhouse LLP, advized it that 1994 and 1995 financial statements were materially misstated and should be corrected through restatement because revenue relating to one material contract should not have been recognized in fiscal 1994 and that revenue from two Latin American contracts should not have been recognized in 1995. System Software completely disagrees with Price Waterhouse’s positions on these issues and has requested that KPMG Peat Marwick reaudit its fiscal 1994 and 1995 financial statements. It adds that its current financial condition would not be affected and that there would be no impact on any of its ongoing plans and programs. System Software has fired Price Waterhouse as its auditor.