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): FEBRUARY 23, 2004


                         PRG-SCHULTZ INTERNATIONAL, INC.
               (Exact name of registrant as specified in charter)

                        Commission File Number: 000-28000

              GEORGIA                                    58-2213805
  (State or other jurisdiction of               (IRS Employer Identification
           incorporation)                                   No.)




            600 GALLERIA PARKWAY
                 SUITE 100
              ATLANTA, GEORGIA                               30339-5949
  (Address of principal executive offices)                   (Zip Code)



        Registrant's telephone number including area code: (770) 779-3900



          (Former name or former address, if changed since last report)






ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (a) Financial Statements.

         Not applicable.

     (b) Pro Forma Financial Information.

         Not applicable.

     (c) Exhibits.

         Exhibit Number              Description

         99.1                        Press Release dated February 23, 2004


ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

The information  provided  pursuant to this Item 12 is to be considered  "filed"
under the Securities  Exchange Act of 1934 ("Exchange  Act") and incorporated by
reference into those filings of PRG-Schultz International,  Inc. ("PRG-Schultz")
that  provide  for the  incorporation  of all  reports  and  documents  filed by
PRG-Schultz under the Exchange Act.

On February 23, 2004,  PRG-Schultz issued a press release announcing its results
for the fiscal year ending December 31, 2003. PRG-Schultz hereby incorporates by
reference  herein the  information set forth in its Press Release dated February
23,  2004,  a copy of which is  attached  hereto  as  Exhibit  99.1.  Except  as
otherwise provided in the press release, the press release speaks only as of the
date of such  press  release  and  such  press  release  shall  not  create  any
implication that the affairs of PRG-Schultz have continued  unchanged since such
date.

Except for the historical  information  contained in this report, the statements
made by  PRG-Schultz  are  forward-looking  statements  that  involve  risks and
uncertainties. All such statements are subject to the safe harbor created by the
Private Securities Litigation Reform Act of 1995. PRG-Schultz's future financial
performance could differ  significantly  from the expectations of management and
from results expressed or implied in the Press Releases. For further information
on  other  risk  factors,  please  refer  to the  "Risk  Factors"  contained  in
PRG-Schultz's  Form 10-K filed March 17, 2003 with the  Securities  and Exchange
Commission.  PRG-Schultz  disclaims  any  obligation or duty to update or modify
these forward-looking statements.


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                                    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.

                                       PRG-SCHULTZ INTERNATIONAL, INC.



Date: February 23, 2004                By:  /s/ Donald E. Ellis, Jr.
                                          --------------------------------------
                                          Donald E. Ellis, Jr.
                                          Executive Vice President - Finance,
                                          Chief Financial Officer and Treasurer





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                                  EXHIBIT INDEX



Exhibit Number      Description                                      Page

      99.1          Press Release dated February 23, 2004               5





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