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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (245185)6/11/2003 7:50:47 PM
From: Cactus Jack  Read Replies (1) of 436258
 
patron,

LOL! Wait, there's more:

Ernst & Young maintains that the inspection fees were properly classified. In a statement, it said there were no SEC rules that defined audit-related services at the time the fees for inspections were disclosed.

Classifying those fees as audit-related was not meant to imply that they were part of the annual financial audit, Ernst said. It argued that some companies like HealthSouth classified operational audit procedures done by independent auditors, similar to those done by internal auditors, as audit-related services.


I guess SOMEONE had to fill the vacuum left by Arthur Anderson's demise. <G>

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