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pcfd635

11/05/06 8:11 PM

#147673 RE: greenspirit #147441

Makes a lot of sense in this case doesn't it?

"The over-complexity of regulation post-Sarbanes-Oxley, while understandable, had now led to audit reports becoming over-complicated and of less use to investors, he said. "Audit Reports and financial statements have become close to incomprehensible to anyone except the experts and need to be simplified in terms of presenting company results", Mr Rake said"