United Development Funding IV fka UDFI

[Valueanon]

It's not rocket science. Just requires knowledge of GAAP and reaonsable judgement. Perfection is not the standard. CPA firms do work all the time that is under SEC and court scrutiny. They find ways to charge more, due more diligence and get comfortable with risk. You have to have the b*lls to challenge management if you think any of it is BS and draw a firm line, be able to support your position.

Who knows what the issue is now with the finacial statements. They could be at an impasse with management on some judgement calls. Not a good situation either way.