The regulatory framework on corporate audit, accounting and narrative reporting in the UK.

The corporate audits were done by a major accounting firm and its investment bankers were well-known brokerage firms.

This project supports corporate audits, which are generally performed by auditors using laptops.

But time spent on corporate audits that were unproductive because no added taxes were recommended grew 40 percent.

Many consultants first conduct what they call a "corporate audit."

"The Sarbanes-Oxley reforms were intended to increase the quality of corporate audits," he said.

The most significant impact of the bill, experts agreed, could be changing the atmosphere that has surrounded corporate audits in recent years.

It calls attention to such matters as the need for voluntary corporate audits.

Accounting firms making giant corporate audits rely on sampling, too.

Regulators contended that the consulting work was corrupting the integrity of corporate audits.