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Re: Steve1978 post# 2464

Thursday, 09/09/2021 2:19:53 PM

Thursday, September 09, 2021 2:19:53 PM

Post# of 27621
For small companies, audits only validate the financial statements made by management team. Only in the notes will they mention binding contracts with a financial implication if they are material. I have seen an audited pink sheet saying they had a billion in receivables yet it could not be validated by another party. The auditor was disciplined.
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