| 5. | Since January of 2003, has your company changed its primary auditor of record? | ||
| 1. | Yes, changed primary auditor (Click here to go to Question 6.) | ||
| 2. | No (Click here to go to Question 9.) | ||
| 3. | Don't know (Click here to go to Question 10.) | ||
| 6. | IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following categories best describes your most recent previous auditor of record? | ||
| 1. | Big 4 firm (PWC, KPMG, E&Y, Deloitte) | ||
| 2. | 2nd tier firm (Grant Thornton, BDO Seidman, McGladrey & Pullen, Crowe Chizek) | ||
| 3. | Regional or local firm | ||
| 4. | Don't know | ||
| 7. | IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following best describes how the change away from the old auditor was initiated? | ||
| 1. | Mutual decision by the company and the auditor of record | ||
| 2. | Initiated by the company | ||
| 3. | Initiated by the auditor | ||
| 4. | Other - please describe in the box below | ||
| 5. | Don't know | ||
| IF OTHER: Please describe. |
| 8. | IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following reasons explain why you changed auditors? |
| (Select one answer in each row.) |
| Yes | No | Don't know | ||
|---|---|---|---|---|
| a. To meet new demands associated with company expansion | ||||
| b. To obtain lower fees | ||||
| c. To obtain better auditor name recognition | ||||
| d. To obtain a better working relationship with auditor | ||||
| e. To obtain better customer service (e.g. responsiveness to questions and needs) | ||||
| f. To obtain greater industry knowledge and expertise | ||||
| g. To obtain greater technical skill/capability with complex accounting principles and auditing standards | ||||
| h. To meet expectations or requirements of shareholders, banks, lenders, or underwriters | ||||
| i. Auditor of record went out of business, merged with or was acquired by another firm | ||||
| j. Auditor resigned or declined to stand for reappointment. | ||||
| k. Other - please describe below | ||||
| IF OTHER: Please describe. |
| IF YOUR COMPANY HAS CHANGED ITS PRIMARY AUDITOR OF RECORD SINCE 2003 - Please continue at question 10 by clicking the link below. |
| Click here to skip to Question 10. |
| Full Report: GAO-08-163 | Table of Contents | Previous | Next |