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Many would like auditors to be more independent of company's management, and to be more accountable to an independent audit committee.
Sure, you could audit the course, but that wouldn't give you the full student experience (and, as she said during that Intro Class, Dr. Rummel doesn't like auditors!).
Also like auditors, credit-rating agencies in effect constitute an oligopoly.
As Mr. Sobolewski pointed out, Warsaw still needs more of the professionals that are essential to a vibrant financial center, like auditors, lawyers, bank analysts and financial media.
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I am sure you will not be surprised to learn that it's making its debut today, along with a very interesting range of entries, like AUDITOR'S REPORTS, INTEREST RATE CAP, TRICK OR TREATING and CHERRY CHAPSTICK.
But if Forbes liked what auditor Ernst & Young signed off on, it would be enough to put Palmer back on its rich list with a bullet.
But does anyone ever buy stock because he likes the auditor?
So you have revolving-door abuses and pernicious financial arrangements between companies like Enron and auditors like Andersen that are similar to those between private companies and government agencies.
And further change is afoot: "Today our main shareholders are Anglo-Saxon, but tomorrow they will be Chinese, Indian, Arab and probably Russian...our investor relations will have to adapt .Can we talk?"Can this relationship be saved?"By Kate O'Sullivan Auditor angst"By Alix StuartCorporate finance chiefs would like more advice from auditors, while auditors want more respect.
Changing underwriters is like changing auditors; it does not change the underlying story and it tends to raise more questions than it answers".
Other accounting and governing experts, praised the Republicans' bill but said that much more needed to be done, like banning auditors from performing all consulting and other nonauditing services for clients and requiring companies to rotate auditors.
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