No I don't. But it does stop a lot of blatant rule breaking where external parties can see the rules being broken. Your comment about auditors is such a common

No I don't. But it does stop a lot of blatant rule breaking where external parties can see the rules being broken. Your comment about auditors is such a common misunderstanding that it has a name, the 'expectation gap'. Auditors are not there to detect fraud.