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Tanner Proposes to Expand its Work for SCO Again = $198,000+ for 2009

By Pamela Jones et al.

Tanner has filed with the bankruptcy court in Delaware a motion [PDF] asking the court to approve an expansion of its work for SCO. It projects for the year ahead that it will do SCO's annual report, its 4 quarterly 10Qs, and the required Sarbanes-Oxley Act Section 404 audit statements.

Exhibit A [PDF] is the October 3, 2008 letter from Tanner to the Audit Committee of the Board of Directors of SCO, and specifically to Dan Campbell, its Chairman. It memorializes the understanding between the two companies, and in it Tanner outlines exactly how unlikely it is to find any fraud or other illegal activity in its audit, Sarbanes-Oxley or no Sarbanes-Oxley, and how it's SCO's responsibility to inform Tanner about any such misbehavior. On its honor.

That's my reading anyway. Well, if you can't trust SCO, who *can* you trust?

I can just imagine how glowingly SCO will find it has done its job, I'm sure. And then Tanner will attest to it, and then they'll submit the bill, and presto, change-o, mo' money. No wonder Wall Street is collapsing, if this is how it's regulated.

Full post as published by Groklaw on October 13, 2008 (boomark / email).