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iamagenius

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18/12/17

19:25

Post #: 29718338
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Originally posted by Gusman1974 ↑

I am just pointing out that just because the big 4 charge a lot more as auditors does not negate the risk of them doing a sub standard job (but it would reduce it, it is all a balance, I am sure we would all like to drive around in BMW's for the safety aspects but sometime it is not affordable). This time last year they could not afford a big 4, now they probably can but I am assuming by the way they have presented themselves in the past year they are not setting up complex structures to try and hide irregularities in their accounting practices and from looking through their accounts there does not seem to be anything that warrants paying a small fortune for the big 4.
From the position they are in now it probably could be warranted due to expansion into the US and the incorporation of pillar 2 and 3 (also international investors would be more reassured with a known auditor).

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Seriously why u people are chatting about financial irregularities

BIG Price at posting: $3.26 Sentiment: None Disclosure: Held
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