11.   It would also be able to perform certain services for non-audit clients that it could not provide for audit clients.

12.   It would also restrict how much work audit firms could do in developing management information systems for audit clients.

13.   It was then that the major accounting firms learned how lucrative it was to sell consulting services to their audit clients.

14.   Jennifer Convertibles was another audit client that got a bit messy.

15.   Most accounting firms also provide their audit clients with consulting services, such as helping to run the personnel, technology, legal and financial departments.

16.   One of the first to use the new service was Porta Systems Corp., an audit client of KPMG.

17.   Only this week, KPMG became the latest to be censured, this time for breaking rules barring investment in audit clients.

18.   Sometime before his term ends, the SEC is likely to approve rules that will limit the amount of consulting services auditors can provide for their audit clients.

19.   Stern Stewart is a former audit client of KPMG.

20.   That led to an SEC enforcement action relating to three people in the Tampa office who had owned stock in four audit clients.