1. Amtrak is unlikely to meet the date Congress set to break even or face the possibility of liquidation, two outside auditors told a House subcommittee Wednesday. 2. And a stream of clients, including Merck and Delta Air Lines, have dropped Andersen as their outside auditor. 3. And unless they comply fully, governments could not expect their outside auditors to endorse their financial statements, a red flag that would invite taxpayer scrutiny. 4. Both companies used Arthur Andersen as their outside auditor, and in each case investors accused the firm of helping to cover up financial fraud. 5. Acclaim said it made the accounting change on a recommendation from its outside auditor, Grant Thornton LLP. 6. According to prosecutors, the company called in an outside auditor, prompting Meizoso and McCloskey to flee to Ireland. 7. British Petroleum already delivers an annual health, safety and environmental report and then submits it to outside auditors, a BP spokesman said. 8. But all three settlements call for the appointment of an outside auditor, whose selection is ratified by a federal judge. 9. For the first time, it has promised the IMF that it will allow outside auditors to examine the way it spends oil money. 10. He welcomed the move, as well as the appointment of the outside auditor. |