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inahaz

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inahaz

Re: Witchhouse post# 32012

Thursday, 04/16/2009 8:56:47 PM

Thursday, April 16, 2009 8:56:47 PM

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"paying the auditor with shares. Must be family"

An audit firm, and the employees working on the audit, cannot hold even one share of the auditee's stock. AICPA and SEC independence rules preclude it.
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