1.   After the books became bestsellers, auditors discovered that the club had blundered in its calculations, and the prodigious gains were largely illusory.

2.   Police began investigating the employees in July after an internal auditor discovered the fake invoices, Gallman said.

3.   The Common Fund also said it was investigating why the mounting losses were not discovered by its auditor, KPMG Peat Marwick.

4.   The inspector general said that only in the last six weeks had auditors discovered the scope of the problem.

5.   The union suspended assistance last year after auditors discovered that the money had been embezzled, mostly by the Ministry of Health.

6.   Government auditors have discovered similar discrepancies at Nippon Credit Bank and the Long-Term Credit Bank after they were placed under government control this year.

7.   International regulators seized BCCI, headquartered in Luxembourg, London and the Cayman Islands, after auditors discovered massive losses from illegal loans and bond market losses.

8.   The official said the INS was striving to correct the problems, the scope of which was discovered by auditors only six weeks ago.