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Post# of 94785
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GorillaGorilla

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GorillaGorilla

Re: ratobranco post# 56081

Friday, 10/29/2010 5:59:54 AM

Friday, October 29, 2010 5:59:54 AM

Post# of 94785
LLEN - hesitancy to acquire top auditor

Unwilling to pay for a top 4 is a justifiable worry.

The only argument I can see in their defense, I'm not saying I believe it, is that they have been focusing on beefing up their internal controls - getting CAO etc. We've seen CNYD and DYP stumble trying to get a bigger auditor and perhaps they want to make sure they had everything in place before getting in a top firm?

rich
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