But companies often rely on the auditors for advice.
They are also pursuing Andersen, Enron's auditors, for allegedly mis-stating Enron's finances.
These records were repeatedly offered to the auditors for their inspection, and remain available for review".
So the country now has few accountants or auditors, for example.
Already, regulators worry that there are too few auditors for the industry to be competitive.
should possess, and whether companies and C.F.O.'s can rely on independent auditors for such expertise".
Regulators also suggested that auditors for broker-dealers needed more oversight.
But it did advertise on Craigslist in February for auditors for the Mayweather-Pacquiao fight.
The report instead blamed five former and current Olympus internal auditors for allowing the company to misstate its finances.
The agency was required to do more foreign inspections, and use approved foreign governments or third-party auditors for importers.
In the past, companies used to rely on their auditors for advice on many of their more complicated accounting issues.
