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March 08, 2009


Y Ramakrishna

The question is not whether a small or BIG firm that does the audit. It is that whether the auditor is independent and has the necessary integrity. Bottom line is that when you have someone you are supposed to be objectively auditing writing the check, it is too much of a conflict of interest. With the economy down and important clients more valuable than ever to these firms than ever, you’d have to be joking to think that auditors are in a real authoritative spot right now. It's all about appearance with these firms, not reality.

call India

I'm a fan of the title of this article. It definitely attracts attention. With the time I came to the idea that the difference between the countries with high rate of crimes and these with low rates is that in the first case auditors are not objective towards middle companies too.

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