Replies to post #191320 on DD Support Board and Research Team

[bar1080]

Smitter: Only way to know filings are GAAP compliant is with a CPA certified audit. Perhaps even with a PCAOB auditor.

Investors should consider having their own standards that are higher than minimal. For example, all my stocks are audited by Big 4 firms.

[janice shell]

As long as they are GAAP I guess so.

Well, it's not exactly unheard of for junk OTC companies to claim their financial statements were prepared according to GAAP when they were not.