It means the whole thing is about to collapse.
Great, so why ask absurd questions? If you know what auditors do, you know how unreliable the audits can actually be.
Bonitas make exactly the same point:
"We have been in this business a long time, and remind readers that not once has there been a public market fraud that didn’t trick an auditor into signing off on its historical reported financial statements."
RFF Webinar, page-131
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