MR. It wasn’t because our predecessors were geniuses and said we need more revenue. It’s because our client said,”Fix that problem.” And we think that’s in the public interest.
COMMISSIONER UNGER: So if you don’t have, though, the same individuals providing the auditing services that are providing consulting services, then our proposed rule doesn’t really impact that part of the business, correct?
COMMISSIONER UNGER: So people, even though they’re not currently performing both functions, don’t want to be told that they can’t? Is that what you’re saying?
MR. GARLAND: At Deloitte Touche, we have a large Audit group, Tax group. We have a Consulting group which has a large IT component to it and other components as well. Continue reading “BERARDINO: That’s how all these practices started”