1.   Even if the parties are in complete agreement on the issue, the auditors have to fix the value.

2.   An unbiased judgment cannot occur when an auditor has such a strong motivation to please the client with a favorable report.

3.   Auditors would have to spend money to become familiar with new clients.

4.   A series of memos was introduced into evidence by prosecutors, which depicted concerns that Andersen auditors had about the propriety of certain acts being undertaken by Enron.

5.   A special committee of the board concluded that the auditors had a point.

6.   But for the new rule to work, auditors will have to be tough.

7.   Companies may also find a new auditor has a different approach on accounting for certain transactions.

8.   Even the most professional and upright auditors will have an unconscious but nonetheless real bias.

9.   Federal auditors usually have access to the books and records of federal contractors.

10.   Examples might be consulting work for the company, employment of former auditors at the company, or any financial interest that auditors have in the company.