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	<title>Comments on: When Internal Audit Is Impotent or Absent &#8211; What Is The Board&#8217;s Role?</title>
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	<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/</link>
	<description>The Business of the Big 4 Audit Firms</description>
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		<title>By: re: The Auditors &#187; Blog Archive &#187; Ernst &#38; Young Lehman Litigation: It&#8217;s No Victory If You&#8217;re Going To Trial</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-155067</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; Ernst &#38; Young Lehman Litigation: It&#8217;s No Victory If You&#8217;re Going To Trial</dc:creator>
		<pubDate>Sat, 30 Jul 2011 16:29:55 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-155067</guid>
		<description>[...] and see heroes. But let’s look at what I think may have actually happened. Lehman’s Internal Audit department “naturally” asked their trusted, all-things-to-all-people advisor, EY, to help with the [...]</description>
		<content:encoded><![CDATA[<p>[...] and see heroes. But let’s look at what I think may have actually happened. Lehman’s Internal Audit department “naturally” asked their trusted, all-things-to-all-people advisor, EY, to help with the [...]</p>
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	<item>
		<title>By: Navistar Sues Deloitte Proving No Statute of Limitations On Idiocy - Francine McKenna - Accounting Watchdog - Forbes</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-154896</link>
		<dc:creator>Navistar Sues Deloitte Proving No Statute of Limitations On Idiocy - Francine McKenna - Accounting Watchdog - Forbes</dc:creator>
		<pubDate>Wed, 06 Jul 2011 16:26:55 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-154896</guid>
		<description>[...] and disciplinary actions against their former CFO and current CEO, internal investigations, restructuring, and delisting and eventual re-listing on the New York Stock Exchange, the company admitted as [...]</description>
		<content:encoded><![CDATA[<p>[...] and disciplinary actions against their former CFO and current CEO, internal investigations, restructuring, and delisting and eventual re-listing on the New York Stock Exchange, the company admitted as [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: re: The Auditors &#187; Blog Archive &#187; Ernst &#38; Young and Lehman Brothers: A Summary of Quotes, Stories and Links</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-94621</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; Ernst &#38; Young and Lehman Brothers: A Summary of Quotes, Stories and Links</dc:creator>
		<pubDate>Sun, 21 Mar 2010 18:19:39 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-94621</guid>
		<description>[...] issues which were barely touched on, the impact on the other large audit firms, the role of Lehman’s internal audit function, the specific  accounting for the Repo 105 transactions, the relationship of this [...]</description>
		<content:encoded><![CDATA[<p>[...] issues which were barely touched on, the impact on the other large audit firms, the role of Lehman’s internal audit function, the specific  accounting for the Repo 105 transactions, the relationship of this [...]</p>
]]></content:encoded>
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	<item>
		<title>By: Francine McKenna: LibertÃ©, EgalitÃ©, FraternitÃ©: Big Lehman Brothers Troubles For Ernst &#38; Young &#124; Blog All Over The World</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-94228</link>
		<dc:creator>Francine McKenna: LibertÃ©, EgalitÃ©, FraternitÃ©: Big Lehman Brothers Troubles For Ernst &#38; Young &#124; Blog All Over The World</dc:creator>
		<pubDate>Fri, 19 Mar 2010 17:50:19 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-94228</guid>
		<description>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#039;s internal audit function, the specific accounting for the Repo 105 transactions, the relationship of this bankruptcy [...]</description>
		<content:encoded><![CDATA[<p>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#39;s internal audit function, the specific accounting for the Repo 105 transactions, the relationship of this bankruptcy [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Francine McKenna: LibertÃ©, EgalitÃ©, FraternitÃ©: Big Lehman Brothers Troubles For Ernst &#38; Young &#124; What&#39;s hot right now....</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-94222</link>
		<dc:creator>Francine McKenna: LibertÃ©, EgalitÃ©, FraternitÃ©: Big Lehman Brothers Troubles For Ernst &#38; Young &#124; What&#39;s hot right now....</dc:creator>
		<pubDate>Fri, 19 Mar 2010 17:45:59 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-94222</guid>
		<description>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#039;s internal audit function, the specific accounting for the Repo 105 transactions, the relationship of this bankruptcy [...]</description>
		<content:encoded><![CDATA[<p>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#39;s internal audit function, the specific accounting for the Repo 105 transactions, the relationship of this bankruptcy [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: re: The Auditors &#187; Blog Archive &#187; Liberté, Egalité, Fraternité: Lehman Brothers Troubles For Ernst &#38; Young Threaten The Big 4 Fraternity</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-93463</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; Liberté, Egalité, Fraternité: Lehman Brothers Troubles For Ernst &#38; Young Threaten The Big 4 Fraternity</dc:creator>
		<pubDate>Mon, 15 Mar 2010 12:54:10 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-93463</guid>
		<description>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#8217;s internal audit function, the specific  accounting for the Repo 105 transactions, the relationship of this [...]</description>
		<content:encoded><![CDATA[<p>[...] more deeply into the valuation issues, the impact on the other large audit firms, the role of Lehman&#8217;s internal audit function, the specific  accounting for the Repo 105 transactions, the relationship of this [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anonymous</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-905</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Wed, 10 Sep 2008 03:44:00 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-905</guid>
		<description>Great question, Francine!  Keep them coming ...</description>
		<content:encoded><![CDATA[<p>Great question, Francine!  Keep them coming &#8230;</p>
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	<item>
		<title>By: Chicago Accountant</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-903</link>
		<dc:creator>Chicago Accountant</dc:creator>
		<pubDate>Tue, 09 Sep 2008 16:59:00 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-903</guid>
		<description>enacted*&lt;br/&gt;&lt;br/&gt;I am not thinking today.</description>
		<content:encoded><![CDATA[<p>enacted*</p>
<p>I am not thinking today.</p>
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	</item>
	<item>
		<title>By: Chicago Accountant</title>
		<link>http://retheauditors.com/2008/09/09/when-internal-audit-is-impotent-or-absent-what-is-the-boards-role/comment-page-1/#comment-902</link>
		<dc:creator>Chicago Accountant</dc:creator>
		<pubDate>Tue, 09 Sep 2008 16:58:00 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=804#comment-902</guid>
		<description>CAE reporting lines need to be reviewed and regulation needs to be inacted.  I am just waiting for a scandal to make it happen.  It&#039;s not a question of if, but when.</description>
		<content:encoded><![CDATA[<p>CAE reporting lines need to be reviewed and regulation needs to be inacted.  I am just waiting for a scandal to make it happen.  It&#8217;s not a question of if, but when.</p>
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