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March 21, 2018

Comments

Herb Chain

Interesting question. Some thoughts immediately come to mind.

What would be the objective? Competition for audit work? Independence and conflict of interest resolution? Increasing the focus on audit alone to enhance quality? Will being “split up” accomplish these goals?

On the other hand, what would be the costs of the loss of scalability and investment in technology and industry expertise? And what about the audit support consultants and advisory personnel provide to enhance audit quality?

Whatever the answer, the solution should track the underlying issue to be solved. And not be an easy, “sound bite” solution.

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  • © 2007-2019 James R Peterson Special thanks: Francine McKenna. Always with love: Kat and Julie. In memory: Bob White, Stuart Kadison