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Step-#3: HHSE FINANCIAL AUDITS Debt/Lawsuits Reduction/Elimination, Clean-Up Balance-Sheet

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speckulater   Sunday, 06/09/19 07:29:55 PM
Re: speckulater post# 290005
Post # of 295468 
Step-#3: HHSE FINANCIAL AUDITS Debt/Lawsuits Reduction/Elimination, Clean-Up Balance-Sheet

GAAP - (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.

PCAOB - Public Company Accounting Oversight Board

Audited Annual Financials prepared in accordance with U.S. GAAP by a PCAOB auditor

The purpose of the independent audit is to add credibility to the reported financial position and performance of the business. To provide assurance that the management has presented financial statements that are free from material error.

A financial statements audit is the examination of an entity's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The auditor's report must accompany the financial statements when they are issued to the intended recipients.

Audit Opinion Letter
An auditor issues an audit opinion letter after completing the audit process, and this is included in the audited financial statements. In this letter, the auditor reveals the financial statements reviewed and the audit method used. If there were no material errors in the financial statements, then the auditor will give an audit opinion that the financial statements represent a true and fair view of the company’s performance and position.

Qualities, Results of HHSE Financial Audit:

* PCAOB Auditor
* Process of Resolving All Nuisance Lawsuits
* Reduce/Eliminate Debt
* Balance Sheet Clean-Up
* Third Party Verification
* SEC Reporting Standards
* Credibility & Accountability
* Builds Investor Knowledge & Confidence of HHSE

How much does a public company Audit cost? Anywhere from $20,000 to $150,000 or more, depending on the size and complexity of the company scrutinized. Therefore, it is a considerable cost that involves great time, effort and company resources that usually satisfies a company goal. In the case of HHSE the effort is justified by an Uplist to Higher Stock Exchange OTC:QB with its access to a wider, larger, numbers of more knowledgeable and sophisticated investors base. Along with the accompanying access to Investment Capital required to properly Finance and Fund the ambitious Growth Plans of the Company.

Wednesday, June 5, 2019
HHSE: Winning the War against False & Fraudulent Foreign Judgments


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