From: ERINLEWIS@sbcglobal.net
Sent: Monday, July 15, 2002 10:20 PM
To: rule-comments@sec.gov
Cc: kwhawkins@ular.edu
Subject: proposed rules (s7-24-02)


SEC,

  I believe that something needs to be done to 
regulate the accounting profession, but I disagree 
with the proposed PAB board that would be outside the 
realm of the AICPA.  The accounting profession has 
always been able to solve problems without looking to 
the outside.  I believe there is a solution within if 
we examine it thoroughly.  
  
  How can investors and issuers, not accountants, 
dominate the PAB board?  They don't know the basics of 
accounting, much less the more difficult aspects of 
it.  How can they improve overall quality of the 
audit, review, and attestation service without knowing 
how do actually perform one?  It might increase 
confidence but it would be a false sense of security 
for investors. 

                  Thankyou,
                  Erin King, Accounting Senior