Comment by randerson

Would you buy shares in a company if the sole auditor of their financials was the CEO's best friend, who had no experience or qualifications in auditing, and he was not accountable to anyone if he was wrong? "Trust me bro" does not cut it. These structures and processes can be onerous but they exist for good reason. BTW our government is not so strapped for cash that they can't afford to do this properly.