She says she has not lost a single client and has already won several new audit clients.

"If you own even the smallest interest in an audit client, the perception might be that you are not independent."

It is interesting to note that there are 94 firms with only one listed audit client.

Jennifer Convertibles was another audit client that got a bit messy.

The commission adopted new rules last year that restricted the work accounting firms can do for audit clients.

For crying out loud, we used to send 'client satisfaction surveys' to our audit clients!

Ernst declined to say how many new audit clients it typically added in a six-month period.

An accounting group approved restrictions on the types of loans its 300,000 members can get from audit clients.

It also agreed to a six-month suspension from accepting new audit clients.

A. I would prefer to see a ban on doing consulting for your audit clients.