Re: Yikes
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Someone in the "trip" thread mentioned that, to their thinking, the 'Big4' accounting firms would not want to be associated with AP, and would never do a audit, even if paid to do it. So, what audit firm could come in and perform this miracle to satisfy everyone? To quote Alan Rickman's character in 'Die Hard', "You want a miracle? I give you the FBI!" Seriously, the FBI probably has more forensic audtiors in their employ than any of the Big 4 accounting firms if not all of them. And they specialize in this kind of audit. All that would be required is the CR government put in a request and they might even get the US government to cover the cost of it. In my opinion, this is the most sure method to get to the truth.
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An audit company normally checks the orderliness of certain processes in business related matters on the basis of any provisions or regulations. They normally have also certain guidelines like general accepted principles where their audit is based on. If you read a normal audit report they always say it was not the scope of our audit to find any fraud. And this is a caveat which corresponds to their external liability with respect to shareholders or banks etc. An audit company can also enligthen fraud. But this can only be done on the basis of a special full scope audit where the goal of the audit is to investigate all related facts arround all possible deceits.
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