Audits of Public Companies: Survey of Public Companies (GAO-08-164SP, January 2008), an E-supplement to GAO-08-163

Have Not Changed Auditor of Record

9. IF YOUR COMPANY HAS NOT CHANGED AUDITOR OF RECORD SINCE 2003: How important was each of the following reasons for not changing your auditor of record?
(Select one answer in each row.)
    Very great importance Great importance Moderate importance Some importance Little or no importance Don't know
  a. Satisfaction with current auditor of record
  b. Independence rules eliminated other firms as options
  c. Technical expertise/ specialization not matched by other firmss
  d. Burden associated with changing the auditor of record (time, effort, costs)
  e. Stigma associated with changing the auditor of record
  f. Audit fees
  g. Expectations or requirements of shareholders, banks, lenders, or underwriters
  h. Other - please describe below
   

  IF OTHER: please describe.


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