Some argue that investors have unrealistic expectations about what an audit can accomplish, especially at the prices companies are willing to pay their accountants. Critics respond that this view is just another way of saying: “Given how much money firms want to earn each year, they may not spend as much time as they should on an audit, especially in a complex situation..” Arthur Andersen got in trouble, in part, because of its desire to maintain high levels of profitability. Should the government create new regulations for audits, or are current rules sufficient?