Subject: Re: S7-13-00

Date:    08/21/2000 2:04 PM
     
     
I support the adopted on the rule proposed by the SEC.
     
I am basically a sole pratictioner CPA with no SEC clients.    But it 
has been my observation that the large CPA firms have allowed their 
audits to become a commodity and/or a loss leader to capture clients 
with the real profits to be made by the larger firm's consulting 
divisions.
     
In my opinion, the tightening of the indepedence rules as proposed by 
the SEC would serve to put some value back into the audit,  so that it 
would be more valued by the client who would pay a reasonable fee for 
the performance of an audit,  and so that everyone,  clients and 
public,  would recognize the higher value associated with an audit as a 
result of the new proposed rule.  I state my opinion on these matters 
even though as an AICPA member,  I have been getting presure from the 
AICPA management to oppose the SEC rule.
     
Sincerely,
     
David A. Storhaug, CPA
Bismarck, ND