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Everything posted by aimaad22
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Generic small time football blather thread FOREVER
aimaad22 replied to Sonatine's topic in Newcastle Forum
They can't assume that when UEFA and others are struggling to prove anything right? Imagine a EY/KPMG partner walking up to the City board with all their connections, and saying "Erm, you're in the news for being dodgy, so we're going to conduct a forensic investigation and charge you a couple of extra mil this year". Completely unfathomable even for lower profile companies than City and it's owners. Most large companies have a number of open cases they're fighting at any given time, auditors give them a cursory glance to the extent they are likely to affect the financial statements. That's mainly it. Let's say the situation was more clear cut, with City fined and being looked into by government authorities, in that case the firm would have protocols based on risk, from withdrawing completely to amending scope and limiting liability to cover their arses. Very rare. -
Generic small time football blather thread FOREVER
aimaad22 replied to Sonatine's topic in Newcastle Forum
Having spent years in one, it doesn't necessarily work that way. 1. Statutory audits and other audit engagements aren't designed to detect fraud, if you pick up official audit engagement paperwork you'll see disclaimers around that. 2. Auditors and big firms know the sum of feck all usually, they occupy themselves with filling checklists and forms, and rarely know much about whats really going on at the company. They also dont want to upset their big money clients. Big firms are routinely fined millions of dollars for lack of care and substandard work, just google it if you wish. -
Generic small time football blather thread FOREVER
aimaad22 replied to Sonatine's topic in Newcastle Forum
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7/10. Some memorable days and performances and a superb effort by everyone to be on the brink of Europe after suffering through all those injuries and what not. Away form and tons of indivdual errors things to be worked on for next seaon, having a fuller squad will go a long way of course.
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Definitely not going to forget about this from next season
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A season when we've had to go up against almost everything that lady luck and more have had to throw against us. 7th is pretty decent. Slightly disappointing in the end since we were in the driving seat barely a week ago, but we gota keep perspective. Back Howe in the market, he's what makes this team what it is. He's the man who'll get us that first trophy. Brilliant season coming up.