V Group Inc (VGID)

[JimGreene1]

You obviously know nothing of public companies and SEC requirements for 8-k, 10-q and 11-k statement. Yes, it's an expense that every private company commits to when going public and selling shares of ownership. In light of some cost incurred, they are not egregious but necessary to incur. Audits ensure that words coincide with actions and reality on the ground. They keep us all honest from embellishments or even out right lies. Accounting fees are a small price to pay for public trusts.

There are and have been accounting firms with publicly traded equity. However, top 4 firms are designed as partnerships. Some of the reasons for it are:
1-Regulatory reasons by SEC for conflict of interests
2-Partnership compensation and increasing shareholder value would have to be optimized
3-Frankly accounting is a service and does not require raising significant amounts of capital to operate.