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I worked for a Big 6 firm when they were Big 6 ... now they are part of Big 5 ... about 1/2 were great people ... and the others ... well ... AA's shenanigans doesn't surprise me at all ... and it's happening in other firms as well ... I'm glad AA is going down for this ... but I do feel sorry for the *good* people that work there ... get ready ... we'll be seeing more of this type of stuff from other firms ... it's only a matter of time ...

it's a conflict of interest to have the auditor paid directly from the company they are auditing ... obviously ... a serious conflict of interest ... what the correct solution is, I'm not sure ... but I'm sure there's much more monkey business of potentially equal magnitude ...

Organizations larger than two people start to featherbed. It is an old story. When we had railroads it was the breakmen. As we have moved from large amounts of people employed in manufacturing, the behaviours have just shifted to the existing industries. Leadership is the key, bad leaders, all the soldiers get killed, same in buisness.