Roger Clark wrote:
> When I did Accountancy around 1970, we studied the
> conflict-of-interest aspects of accounting firms doing consultancy.
> We concluded that it was dreadful, and that precisely nothing would
> be done about it because the self-interest was too high, and it's
> largely self-regulatory (i.e. such regulation as exists is image not
> substance). We wuz right ...
It will be interesting to see what comes of the investigation into the roles
of the HIH auditor, A*thur Anders*n. Five billion down the drain and the
auditor didn't notice anything.
Regards, Tony Healy
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