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$2.22 burrendong minerals limited

Ann: HOTUpdate-Corporate Spotlight offering with Big Review TV Li, page-145

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Winter08

2,132 Posts.

67

25/05/18

09:18

Post #: 33302641
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Originally posted by Busy Bean ↑

I've been involved in a few audits, mostly from the side of the business being audited, preparing all the documents and statements they request and answering all their questions. Trust me that this is 'day 1' of the audit type stuff. One of the first things they do is check the bank statements match the accounts and then pick a sample of customers to do a follow through of the process and documentation in terms of checking the contract / sales invoice / payment / service delivery. I really can't believe how this financing scheme didn't get noticed.

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Agreed -done audits on both sides. Bank confirmation request would/should have been sent out directly from auditor to bank (in case statements were not real) to confirm balance and encumbrances

BIG Price at posting: $2.22 Sentiment: None Disclosure: Held
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0 Great analysis

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