Q7. Since 2003, has your firm lost any clients for which you served as auditor of record to other accounting firms specifically because the client(s) went to another firm to help them prepare for an initial public offering or subsequent issuance of securities?

Yes - client went to a Big 4 firm for IPO or other securities issuance (percent) Yes - client went to a NON-Big 4 firm for IPO or other securities issuance (percent) Yes - clients went to a Big 4 firm AND a NON-Big 4 firm for IPO or other securities issuance (percent) No (percent) Don't know (percent) Number of respondents
18.6 11.9 5.9 61.0 2.5 118