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GreenStar Agricultural Corporation V.GRE



TSXV:GRE - Post by User

Comment by proinvestor91on Sep 26, 2014 7:28pm
188 Views
Post# 22975345

RE:RE:RE:RE:RE:The end is neigh - Canadian Directors & Management Resign

RE:RE:RE:RE:RE:The end is neigh - Canadian Directors & Management ResignPeople also need to realize their are inherent problems with the auditing process and we need to danf better standards the 2 issues are as follows . 1) auditors are paid by the company . I think auditors should be paid by a third party and all auditors for a given company are chosen by the third party therefore there is no conflict of interest . 2) auditors need to do more due diligence . right now an auditor does this say you made $100 and you pick up 10 sheets of paper each says $1 on it and it knew you had 100 sheets of paper then it would assume your financials are accurate . The auditor needs to then ask is it possible to make $100. It can't just math check managements numbers it also must ask itself are these numbers real.
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