"Audit boards, academics to re-assess audit reports" (July 9-22, 2007, page 14) incorrectly identified the university affiliations of five professors running a project for the Auditing Standards Board. The project's two principal investigators are from the University of Southern California and the University of Memphis; the other three professors are from the University of Memphis, the University of Melbourne, and California State University, Northridge. Our apologies for the error.

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