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Re: oreodiamonds post# 62459

Saturday, 09/02/2006 7:46:26 PM

Saturday, September 02, 2006 7:46:26 PM

Post# of 311080
the post i responded to had no confusion in it

it had a bunch of jibberish about depreciation calculations and auditors telling the client on what not to say to the public

it doesn't work that way

in a "prospective transaction" it is common for the auditor to do a due diligence audit ( which is not the same as a yearend audit ) and depending on the scope of work the auditor becomes an advisor. But to put the merger or acquisition together - that would be dealt by a different department. Different department is a different world than the audit department for example. Departments are sometimes separate companies.

however the above had nothing to do with the posts which i responded to
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