8-K

                       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) December 15, 2003
                                                 -----------------


                          NAPCO SECURITY SYSTEMS, INC.

               (Exact name of registrant as specified in charter)


   Delaware                           0-10004                11-2277818
(State or other                     (Commission             (IRS Employer
 jurisdiction of                    File Number)          Identification No.)
 incorporation)

333 Bayview Avenue, Amityville, NY                                  11701
- ------------------------------------------------------------------------------
(Address of principal executive offices)                          (zip code)


Registrant's telephone number, including area code 631-842-9400
                                                   ------------

                                 NOT APPLICABLE
         (Former name or former address, if changed since last report.)

ITEMS 1, 2, 3, 5, 6, 8 AND 9. NOT APPLICABLE

ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

      On December 15, 2003, the Registrant engaged Marcum & Kliegman LLP ("New
Accountant") as the Registrant's principal independent accountants to audit its
consolidated financial statements, replacing KPMG LLP (the "Former Accountants")
as the Registrant's independent auditors, who were dismissed on the same day.
The change was approved by the Registrant's audit committee and board of
directors. The Registrant has not consulted with Marcum & Kliegman LLP during
its two most recent fiscal years nor during any subsequent interim period prior
to its appointment as auditor for the fiscal year 2003 audit regarding 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
Registrant's consolidated financial statements.

      The Former Accountants' report on the Registrant's financial statements
for fiscal 2002 did not contain any adverse opinion or disclaimer of opinion and
was not qualified as to uncertainty, audit scope or accounting principles.

      KPMG LLP was engaged as the Company's independent accountants on July 9,
2002. During the Registrant's 2002 fiscal year and the subsequent interim period
preceding the date of termination, there were no disagreements between the
Registrant and the Former Accountants on any matter of accounting principles or
practices, financial statement disclosures or auditing scope or procedures, nor
were there any "Reportable Events" within the meaning of Item 304(a)(1)(v) of
Regulation S-K. The audit of the Registrant's fiscal 2003 financial statements,
which was begun by KPMG LLP, was not completed. In performing its audit of the
fiscal 2003 financial statements, KPMG LLP identified an international tax
matter concerning the Registrant's Dominican Republic subsidiary and to date,
such matter is still unresolved.

      The Registrant has requested Former Accountants to provide the Registrant
with a letter addressed to the Commission stating whether it agrees or disagrees
with the Statements contained herein and we have included that letter as an
exhibit hereto.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

      (a)   Financial statements of businesses acquired: Not applicable

      (b)   Pro forma financial information: Not applicable

      (c)   Exhibits:

            Exhibit 16.1 Letter of KPMG LLP dated December 19, 2003





      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.

Date: December 19, 2003

                                    NAPCO SECURITY SYSTEMS, INC.
                                    (Registrant)



                                     By: /s/ Kevin S. Buchel
                                         Kevin Buchel, Senior Vice President

EX-16.1

                                                                    EXHIBIT 16.1

                     LETTER OF KPMG DATED DECEMBER 19, 2003



December 19, 2003



Securities and Exchange Commission
Washington, D.C. 20549

Ladies and Gentlemen:

We were previously principal accountants for Napco Security Systems, Inc. and
under the date of September 30, 2002, we reported on the consolidated financial
statements of Napco Security Systems, Inc. as of and for the year ended June 30,
2002. On December 15, 2003, our appointment as principal accountants was
terminated prior to the completion of our audit of the Company's June 30, 2003
consolidated financial statements. We have read Napco Security Systems, Inc.'s
statements included under Item 4 of its Form 8-K dated December 15, 2003 and we
agree with such statements, except that we are not in a position to agree or
disagree with the Company's statement that the change was approved by the audit
committee and the board of directors nor are we in a position to agree or
disagree with the Company's statement that Marcum & Kliegman LLP was not engaged
regarding the application of accounting principles to a specified transaction or
the type of audit opinion that might be rendered on the Company's June 30, 2003
consolidated financial statements.

Very truly yours,


KPMG LLP