Change of auditors from Marc Dame.This is an e-mail from Marc from July 17th. on my question as to why the change of auditors in case it came up. Change of auditors is common, but here was his reasons. rich47.
" The main reason for the change of auditors is that up until the
last two years, Goldnev was a gold mining, public shell company based in
Vancouver, B.C. Goldnev, is now a Calgary, Alberta based oil & gas
company and we changed the company's auditors to Meyers Norris Penny
because they have a very strong oil and gas audit team based in Calgary.
Along with their strong background in oil and gas accounting and audits,
they are located in Calgary which will make a big difference in how
future audits are conducted since they literally can come to our offices
and review and audit information as needed and when required. Another
important factor is that we can have a face to face meetings to discuss
any questions or issues that may be raised during the audit or during
the year and will make filing year-end tax returns etc... that much
easier.
Changing the auditor to Calgary from Vancouver will make the future
accounting and auditing process much better and more seamless. In the
past we have to ship all documentation back and forth between the two
cities, do extensive emails and literally live on the telephone during
the period that the audit was being conducted. At the same time
important corporate records including agreements, bank statements, check
and deposit books etc... are located off site which is very inconvenient
in terms of managing the company during the period of the audit which
can last a month or more. Also the possibility that original sets of
documentation becoming misplaced or lost has to be a concern and lastly
we believe that there will be cost savings in terms of the amount of
time required to conduct the yearly corporate audit.
Our past auditors did a good job for the company but as we plan for the
future we need to upgrade and manage better the process of both our
internal accounting and auditing requirements and making the change in
auditors is in my view is an important step in making this happen.
Should you have any other questions or concerns, please let me know.
Regards,
Marc Dame
President & CEO
Goldnev Resources Inc.
Ste. 485, 708 - 11 Avenue S.W.
Calgary, Alberta, T2R 0E4
Tel: (403) 237-5711
Fax: (403) 718-0163
marcdame@shaw.ca
www.goldnevresources.com