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To: Ken98 who wrote (2702)	7/8/2000 12:21:37 AM
From: IceShark	Respond to of 436258

The audit/ consulting problem has been around for 20 years and is nothing new other than the slow shift in power ratios from audit to consulting, if the consulting people are still there. -g- Been there, done that, from both sides. It is different than the problems that the investment houses engage in. An example is hard core audit partners can be afraid of letting a consulting team in on his client because if they shag the project he may lose the audit. There can be a lot of tension. Consultants are no longer second class citizens but they ain't going far telling auditors to jimmy the books so we get new consulting projects. Now, some auditors may bend a whole lot to the client company's management to keep the audit engagement.