NEA 0.00% $2.10 nearmap ltd

JCap short report released, page-26

  1. 14 Posts.
    for these guys to come out with claims about false reporting on revenue and not following revenue recognition requirements is simply stupid. Our auditors pour all over this element of reporting and as a CFO personally I can tell you that they will not sign off on the financials unless they are comfortable with what's disclosed and they have throughly tested the revenue recognition principle and transactions booked. This along with going concern are the two top areas that auditors will focus on. I say if I were the audit firm that I would also look at these jokers defamatory comments and consider my options.
 
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