- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What industry “secret” do you know that most people don’t?
Posted on 3/9/24 at 4:29 pm to Sterling Archer
Posted on 3/9/24 at 4:29 pm to Sterling Archer
quote:
External audits of financial statements of trillion and billion dollar companies are largely worked on by 23 year old kids fresh out of college
On this note, the audit opinion always references the financial statements being “materially correct.” That is usually a percentage of net assets or revenues. 2% of net assets isn’t uncommon. Depending on the size of the company, this can be 10s or even 100s of millions of dollars.
Popular
Back to top
Follow TigerDroppings for LSU Football News