Pt,,"3rd party audits" You really have to wonder about an accounting firm which is supposed to remain independent that would get in the middle of this. I find it laughable that their opinion relates to only a three day period which begs the question, what would your opinion be on December 7th? Below is the auditor’s opinion.
Also note that Arthur Anderson has got big problems in the Enron scandal and read this statement lifted from the following URL “ As Enron's independent auditor, Andersen vouched for the flawed financial statements.” Interesting?
washingtonpost.com
Herb
Andersen Benchmark Audit
Report of Independent Public Accountants
To the Management of Advanced Micro Devices, Inc:
We have examined the assertions in the Report of Management on Processor Performance Benchmarks for the AMD Athlon™ XP 2000+ processor for the period from December 3, 2001 to December 6, 2001. These assertions which include the benchmark results and related business practices are the responsibility of Advanced Micro Devices, Inc.'s (AMD's) management. Our responsibility is to express an opinion on management's assertions based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence supporting the assertions made by AMD Management and performing other such procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion.
Readers of this report should be aware that:
· It is not Arthur Andersen LLP's policy or intent to endorse the product or services of an organization.
· The compliance of any product to a benchmark has certain inherent limitations. As a result, exceptions to benchmarks could potentially occur and not be identified.
In our opinion, management's assertions referred to above are fairly stated, in all material respects.
Austin, Texas
December 14, 2001 |
