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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (34216)	11/23/1998 6:13:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Sorry folks I can not upload my scan. Techstock returns as a problem. Will try later. Haim

To: yard_man who wrote (34216)	11/23/1998 6:24:00 PM
From: Enigma	Read Replies (2) \| Respond to of 94695

Tippett - in my experience auditors are no good at detecting fraud - because much of it is off the books eg a crooked purchasing manager taking backhanders - which can take many forms - including having an account maintained at a department store. Also fraud often involves collusion - difficult for an auditor to detect. Auditors are often concerned with presentation, write offs, etc. On the other hand an auditor of a major company has a lot of power - you don't fire the auditor lightly - a lot of questions will be asked. E