Mr. Gerry Fitzpatrick:

It's difficult to comment in terms of where he based his information from. He was questioning the quality of work. He isn't the regulator for auditors, so I don't know what basis he had to challenge the work. As I had interpreted it and I vaguely recall that statement, which was he was saying the number of reportable incidents to him were less. I don't believe that is again in my ethic not to report those things. It may be that larger firms have clients which have more structured corporate governance, and that might typically be the case. We have lots of small clients as well as big clients, but perhaps that concentration in the bigger organisations would have meant that the things that are reported to him, which are specific breaches of company law, loans to directors in relation to their own situations, might be more applicable to the smaller audit firms. I don't know but I certainly don't feel that in our engagement with ODCE and understanding the rules of ODCE, that we engage in any way differently in relation to our client group. And his view that that was caused by some quality issue in our firm, I find difficult to understand how he could make a statement that not being the regulator of audit. We are regulated in, as Pat has described, in relation to practice reviews and by the Chartered Accountants Regulatory Board, which is overseen by ASA, which is another independent body. And those had not found failings in our work that suggest the consistency and quality of our firm's work could be criticised in that regard, so I would find it difficult to accept that ... at that statement.