Sas 61

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quality of audits declining?

recent corporate scandels and the failure of arthur andersen suggest that the quality of audits has declined. Why has this occurred?

At the outset of the scandals, that was probably true. However, with new auditing requirements and guidance (SAS 61, SAS 99, SAS 103, SAS 112, SOX, etc.), auditors are now required to do a whole lot more work and documentation for their work. Also, CPA firms are regularly peer-reviewed to ensure quality. CPA firms must also issue and maintain quality-control documents.

The case of Arthur Andersen had more to do with a greedy company that cared more about making money off of consulting than revealing the major fraud of their clients. So, that does not mean that the quality of their audits declined, they just didn't report all of their findings. The collapse of Andersen scared the profession half to death and, hopefully, will deter other firms from following the same path.

I would be interested to hear your opinions on the issue.

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Dell PowerEdge SAS 6IR 6 iR UCS 61 E2K UCS 61 JW063 PCIe Card W Cable KH305
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Genuine Dell SAS RAID Controller Card UCS 61 283621
Genuine Dell SAS RAID Controller Card UCS 61 283621
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0UCS 61 Dell PowerEdge 6I R SAS SATA Raid Controller
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UCS 61 Dell PowerEdge 6I R SAS SATA Raid Controller
UCS 61 Dell PowerEdge 6I R SAS SATA Raid Controller
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Dell PowerEdge PERC 6 i E2K UCP 61 B SAS RAID Controller W Battery
Dell PowerEdge PERC 6 i E2K UCP 61 B SAS RAID Controller W Battery
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Genuine Dell UL94V PowerEdge SAS Raid Controller Card
Genuine Dell UL94V PowerEdge SAS Raid Controller Card
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Item Description PERC 6 I DUAL CHANNEL PCI EXPRESS INTEGRATED SAS RAID CONTROLL
Item Description PERC 6 I DUAL CHANNEL PCI EXPRESS INTEGRATED SAS RAID CONTROLL
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Dell YK838 0YK838 PCI E 6 iR SAS RAID Controller Card UCS 61
Dell YK838 0YK838 PCI E 6 iR SAS RAID Controller Card UCS 61
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DELL E2K UCP 61 B PERC 6I SAS RAID CONTROLLER
DELL E2K UCP 61 B PERC 6I SAS RAID CONTROLLER
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Dell PowerEdge E2K UCP 61 B T774H PCI E SAS RAID Controller + Cables
Dell PowerEdge E2K UCP 61 B T774H PCI E SAS RAID Controller + Cables
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DELL E2K UCP 61 B PERC 6I SAS RAID CONTROLLER
DELL E2K UCP 61 B PERC 6I SAS RAID CONTROLLER
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Dell PowerEdge R710 PCI E SAS RAID controller card JT167 E2K UCP 61 w cables
Dell PowerEdge R710 PCI E SAS RAID controller card JT167 E2K UCP 61 w cables
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Dell PERC 6i PCI E SAS RAID Controller Card E2K UCP 61 USED
Dell PERC 6i PCI E SAS RAID Controller Card E2K UCP 61 USED
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Dell PERC 6 i SAS PCIe RAID Controller Card E2K UCP 61 B
Dell PERC 6 i SAS PCIe RAID Controller Card E2K UCP 61 B
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Dell Power Edge 2900 PERC 6i E2K UCP 61 B SAS RAID Controller Card PCI E T954J
Dell Power Edge 2900 PERC 6i E2K UCP 61 B SAS RAID Controller Card PCI E T954J
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Dell Poweredge PCI E SAS RAID Controller WY335 H726F E2K UCP 61 B W battery
Dell Poweredge PCI E SAS RAID Controller WY335 H726F E2K UCP 61 B W battery
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Dell Poweredge PCI E SAS RAID Controller YW946 PERC 6 I UCP 61
Dell Poweredge PCI E SAS RAID Controller YW946 PERC 6 I UCP 61
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T774H Dell PowerEdge PERC 6 i E2K UCP 61 B SAS RAID Controller No battery
T774H Dell PowerEdge PERC 6 i E2K UCP 61 B SAS RAID Controller No battery
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Dell PERC 6 i Dual Channel PCI E SAS RAID Controller E2K UCP 61 B with Cable
Dell PERC 6 i Dual Channel PCI E SAS RAID Controller E2K UCP 61 B with Cable
$15.00
DELL POWEREDGE PCI E SAS RAID CONTROLLER PERC 6 I E2K UCP 61 B DX481
DELL POWEREDGE PCI E SAS RAID CONTROLLER PERC 6 I E2K UCP 61 B DX481
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Lot of 7 Dell Poweredge PCI E SAS RAID Controller YW946 PERC 6 I UCP 61
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Dell E2K UCP 61 B Poweredge 2950 Perc 6i PCI e X8 SAS RAID Controller Card
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DELL Poweredge 2950 SAS RAID Controller Card UCP 61 W Caddy
DELL Poweredge 2950 SAS RAID Controller Card UCP 61 W Caddy
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Dell PowerEdge SAS 6i RAID Controller Card E2K UCP 61 B
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Dell E2K UCS 61 B Class B ICES 003 PERC 6I SAS Raid 1 or 0 Controller Card
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Dell PowerEdge R710 PCI E SAS RAID controller card JT167 E2K UCP 61 B w cable
Dell PowerEdge R710 PCI E SAS RAID controller card JT167 E2K UCP 61 B w cable
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Dell PowerEdge R710 PCI E SAS RAID controller card E2K UCP 61 B w cables
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Dell UCS 61 SAS RAID Controller Card JW065
Dell UCS 61 SAS RAID Controller Card JW065
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LSI 9260 4i LP MegaRAID SAS 6Gb s PCI E 20 Raid Card L3 25121 61A No Battery
LSI 9260 4i LP MegaRAID SAS 6Gb s PCI E 20 Raid Card L3 25121 61A No Battery
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