E&Y joins Swiss audit effort.
Meanwhile, the actual forensic investigators, Arthur Andersen, KPMG and Price Waterhouse, will commit "hundreds" of people to this audit, according to Bradfield. The preparatory phase is over, and the firms are beginning pilot audits that will lead to a final audit program covering all relevant Swiss banks. "Because of all the people involved, we hope to complete our task by the end of 1998," said Bradfield. Although he admitted some think this is "somewhat optimistic," he thinks it is highly realistic because of the forensic resources that will be devoted to the task.
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|Title Annotation:||Ernst and Young|
|Publication:||Journal of Accountancy|
|Article Type:||Brief Article|
|Date:||Sep 1, 1997|
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