InvestorsHub Logo

JohnSamuel

04/07/11 12:20 PM

#64314 RE: LarryW #64309

TDGI's Financial Audit will include the inventory owned by TDGI ... you can not have a Certified Financial Audit that does not include the existing inventory of product owned by said entity ... you might want to check GAAP guidelines for clarification.

jmho

Gigolo Jason

04/07/11 12:56 PM

#64315 RE: LarryW #64309

There is a big difference between a physical inventory and an accounting audit.

What you went though in the 80's was a physical inventor. The physical inventory is one part of an accounting audit, but by no means, the entire thing.

GJ