Involving hundred’s of companies, including Trump Media.
Poor guy can’t catch a break.
Poor guy can’t catch a break.
Audit firm charged with fraud
- Thread starter St. Louis Hawk
- Start date
Borgers has also acted for fintech and crypto companies, and many other small issuers, SEC filings show.
According to the SEC, Borgers did not properly prepare and maintain audit documentation, fabricated audit planning meetings, and in some cases simply passed off previous audits for the current audit period.
This has nothing to do with TRUMP but CNN tried to frame it that way.
According to the SEC, Borgers did not properly prepare and maintain audit documentation, fabricated audit planning meetings, and in some cases simply passed off previous audits for the current audit period.
This has nothing to do with TRUMP but CNN tried to frame it that way.
CNN wants it to be this but its not
Arthur Andersen struggled to balance the need to maintain its faithfulness to accounting standards with its clients' desire to maximize profits, particularly in the era of quarterly earnings reports. The firm has been alleged to have been involved in the fraudulent accounting and auditing of Sunbeam Products, Waste Management, Asia Pulp & Paper,[6] the Baptist Foundation of Arizona, WorldCom, as well as Enron, among others.[7][8]
Arthur Andersen struggled to balance the need to maintain its faithfulness to accounting standards with its clients' desire to maximize profits, particularly in the era of quarterly earnings reports. The firm has been alleged to have been involved in the fraudulent accounting and auditing of Sunbeam Products, Waste Management, Asia Pulp & Paper,[6] the Baptist Foundation of Arizona, WorldCom, as well as Enron, among others.[7][8]
hawkeyetraveler
HR Heisman
And why do you think Trump Media picked such a fly by night firm? I have been directly involved in the hiring of audit firms on multiple occasions, I 100% guarantee that their clients knew exactly the standards that firm would uphold.
What I get from it. DJT stock financials are crap. And they may actually be worse than what is reported.
It is cute how hard lil ol Six goes when it comes to defending his man. Such a good lil keyboard warrior
Arthur Anderson again? If I remember correctly they had a huge law breaking scheme in the 80’s. Time to put them out of business.
You don't think the selection of the auditor has anything to do with the company's largest shareholder? Having worked at multiple public accounting firms, I disagree.
Yep. Just like choosing a banker
