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

Have Changed Auditor of Record

5. Since January of 2003, has your company changed its primary auditor of record?
1. Yes, changed primary auditor (Click here to go to Question 6.)
2. No (Click here to go to Question 9.)
3. Don't know (Click here to go to Question 10.)

6. IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following categories best describes your most recent previous auditor of record?
1. Big 4 firm (PWC, KPMG, E&Y, Deloitte)
2. 2nd tier firm (Grant Thornton, BDO Seidman, McGladrey & Pullen, Crowe Chizek)
3. Regional or local firm
4. Don't know

7. IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following best describes how the change away from the old auditor was initiated?
1. Mutual decision by the company and the auditor of record
2. Initiated by the company
3. Initiated by the auditor
4. Other - please describe in the box below
5. Don't know

  IF OTHER: Please describe.

8. IF "YES, CHANGED PRIMARY AUDITOR:" Which of the following reasons explain why you changed auditors?
(Select one answer in each row.)
    Yes No Don't know
  a. To meet new demands associated with company expansion
  b. To obtain lower fees
  c. To obtain better auditor name recognition
  d. To obtain a better working relationship with auditor
  e. To obtain better customer service (e.g. responsiveness to questions and needs)
  f. To obtain greater industry knowledge and expertise
  g. To obtain greater technical skill/capability with complex accounting principles and auditing standards
  h. To meet expectations or requirements of shareholders, banks, lenders, or underwriters
  i. Auditor of record went out of business, merged with or was acquired by another firm
  j. Auditor resigned or declined to stand for reappointment.
  k. Other - please describe below

  IF OTHER: Please describe.

  IF YOUR COMPANY HAS CHANGED ITS PRIMARY AUDITOR OF RECORD SINCE 2003 - Please continue at question 10 by clicking the link below.
Click here to skip to Question 10.

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