And apparently you’re not able to grasp what I just posted.
The external auditors review the financials prepared by the Tikray accounting staff.
As long as the calculations are fair and reasonable - they sign off. They will not sign off if certain irregularities are identified - which is why a Medmen didn't file financials toward the end:
You are wrong quinlash, 'goodwill' for example is an amount over and above what a company is wiloeth at acquisition - the external year end auditors don't calculate that -Tilray management does. All the external auditors do at year end is ensure the accounting entries shown were done correctly.
If Tikray overpaid for Ahexo - that has nothing to do with a year end audit.
You seem clueless about this year end 'stuff' - you've obviously never been involved with any. Stick to your accounting 101 class.
Yoyre embarrassing yourself
Post by
quinlashon Oct 16, 2024 6:04pm 
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Post# 36269012
RE:Of course quinlash includes intangibles -
You just don't get it do you Keeler.
CHARTERED ACCOUNTANTS signed off on the report. The value of intangibles and goodwill checked out, it's fine, the values assigned meet the standards of accounting principles.
If you want to know more about assigning value to intangibles assets then Google it.
I sincerely apologize if you're not connecting the dots here but I'm not doing your research for you.
If you hold a short position and that position is in the money, consider covering the order or setting a stop on a profit while it's still there.
The market isn't going to stay this stupid forever.