From: Don Coker
Sent: Saturday, January 18, 2003 7:12 PM
To: Comments
Subject: Removal, Suspension, and Debarment of Accountants From
Performing Audit
The proposed Rule contains a provision that accountants could be barred
from performing audit services for firms with assets of $500 million or
more. It is not clear what purpose an asset level of $500 million would
serve. Clearly, if an accountant is not competent to audit a firm over
$500 million, then it would be equally incompetent to audit a firm under
$500 million. My suggestion is that you consider removing the arbitrary
$500 million figure.
Best regards,
Don Coker
Banking, Management & Economic Consultant
Mobile, AL
