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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (930)	12/10/1999 5:33:00 AM
From: JDN	Read Replies (1) \| Respond to of 3770

Dear Chuzzlewit: Well, I admit, being a CPA I may be biased, but IMHO detecting FRAUD (which involves Collusion such as CD had) is a far cry from reviewing accounting methods and practices. The former is often only caught if you are lucky (remember auditing is a testing process not a 100% review) whereas large accounting treatments are always carefully reviewed, each and every one and the methods footnoted in the statements. So long as the CPA firm is one of the Big 6 or whatever they are called now (was Big 8 for me) any of them have very knowledgeable SEC departments who review the decisions of the local audit partners. JDN