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Re: Pokerpro05 post# 101659

Friday, 08/17/2018 12:15:45 PM

Friday, August 17, 2018 12:15:45 PM

Post# of 111962
Taking many months to audit a fund is a "travesty of justice". If indeed the auditors are taking representative samples of the funds to come to the conclusion that the fund as a whole fairly represents its value, I concur. But it seems with the protracted period of time it is currently taking, their test is 100% of all assets. It definitely too time consuming and not cost effective. Management should make an examination of the auditors' procedures and seek advice from others.