On Dec 29, 2005, at 12:23 PM, Hal Merritt wrote:
What is needed is to somehow get a message to the audit community that
they are tossing all of their credibility right out of the window.
I suppose that there will eventually be a big stink and another well
known audit firm put out of business when there is a problem with the
suggested measures. Or, perhaps, a couple of high level executives
burned (or even jailed) after implementing some poorly thought out
audit
'finding'.
I wonder.. doesn't SOX push accountability all the way back to the
auditor?
-------------------SNIP-------------------
That indeed would be interesting... I hope that was (is) true. I
agree with your credibility stance. There was an article about the
auditors in one of my trade newspapers that came in the mail two days
ago. I will try and make an effort to read it Friday while waiting
for surgery.
Ed
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