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"Yet corporations, by working with a growing audit industry, are presenting themselves as the solution to the abuses".
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When the number of images start growing, auditing all new images and keeping track of discovered exploits in the old ones will be too big a task if it is only the maintainers that take care of it.
But he said that even if his staff of auditors grew, audit rates might not rise.
All have seen robust growth in their consulting business in recent years, which now accounts for around a third of total revenues for most of them, whereas the mature audit business has grown more modestly.
What does it take to get into the growing business of auditing Chinese companies whose shares are registered in the United States?
Yesterday, the Beijing government announced plans for a nationwide debt audit, following growing fears that many Chinese firms and public bodies have over-borrowed.
In 2002, worried about growing financial scandals, the audit firm of Ernst & Young set out to identify its riskiest clients and force them to comply with accounting rules.
There is growing evidence of bad auditing, he claims.
Demands for thorough audits are growing, and firms winning business from Andersen will need help.
Given the growing calls for regular audits of the Fed (an idea being resisted by the likes of the chairman, Ben Bernanke), do you think the demands for such audits are warranted?
Because of technological advances and the current audit environment, there is a growing interest in the concept of continuous audit.
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