Re: [CANSLIM] Accounting stuff (off topic, sorta)

From: "Winston Little" <wlittle1@peoplepc.com>
Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta)
Date: Sat, 13 Jul 2002 14:56:19 -0400

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Let us assume that the second house does a full audit.
How much confidence can one have that the second audit is "good"?
The rules for treatment of the financials do not appear to be absolute, thus
the second audit could just be as full of controversy as the first, perhaps
in different areas, as the popular sentiment for criticism changes.


- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, July 13, 2002 1:12 AM
Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta)


> Do you blame them for wanting to do a full audit?
>
> On 12 Jul 2002 at 23:05, Tom Worley wrote:
>
> > cool way for the Big 4 to increase their revenues and potential earnings
> > (BTW, who audits the auditors??). This way they will be able to charge
for
> > two full audits instead of just one, at the expense of the corps
> > (shareholders).
>
>
>
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