The players are selected through a draw conducted by a private auditing firm.

Indeed, the two auditing firms have powerful incentives to work these issues out.

And that is how one of the world's great auditing firms discovered there was a problem.

All the votes go to an independent auditing firm who determine the final winner.

And, he said, it would be in a way that did not threaten their powerful auditing firms.

Another auditing firm is working on the reports for the years after that.

And two weeks later my auditing firm is also taking bankruptcy.

Under the agreement, an independent auditing firm will do the actual monitoring.

The auditing firms will be pushing for a relatively light touch on regulation.

The auditing firms are in this position because they sold tax shelters to their clients.