This isn't preying on ignorance. You're not wrong - in real life practice, every single accounting firm will have their deficiencies. I also agree with you that the PCAOB conducts these reviews so firms can self-reflect and improve practices.
However, even with that understanding, how should this new hire instill ANY level of confidence over the previous firm.
Why did they travel to the other side of the globe to find a PCAOB auditing firm? Common sense would point to trying to save a buck.
My simple point is that there quite literally hundreds of reputable, transparent, and accredited firms locally that they could have gone to.
Given the shortcomings of East West Accounting, how am I supposed to believe that Manohar Chowdrhy & Associates - centrally located in India no less - will be their savior?
