[LINK] Doubtful practices relating to IT consulting by big companies

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This CNet article suggests that IT consulting work by the big accounting
firms may bias the financial reports (audits) they provide for clients.

"And Wall Street notices; a company's stock price tends to fall if it files
a proxy statement that reveals large fees for non-auditing
services--basically consulting and information technology services--from the
accountant," says CNet.

The article reports a study by researchers from Stanford, MIT and Michigan
State.

http://news.cnet.com/news/0-1007-200-6996743.html

Regards, Tony Healy

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