Rimrock Gold Corp (RMRK)

[brewerfanx]

I'm a CPA, but don't work with publicly traded companies, so it's possible there could be some esoteric reason why a quarterly statement would be audited before a business combination or equity takeover. But normally, no, quarterlies are not audited. The workload for auditing firms would not only be onerous, but with an auditing firm having to be in year-round engagement with the business they are auditing, I think there would be some worry of the CPAs becoming "cozy" with company management. So it's actually a good idea for quarterlies to *NOT* be audited.