Auditors
topic on 5 shows · 6 statements across 6 episodes
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6 statements about Auditors, every show
Goel: Bankers and auditors require a five-to-six-day close to go public
“And realistically, no investment banker or auditor will sign your books and take you public if you cannot close your books in five to six days.”
Scilipoti: Audits face structural conflicts due to client-paid compensation models
“And the challenge is time, because you have to do this quickly. Pressures on costs. And essentially, think about it this way. It's like, I tell you, look, I just prepared my report card. I got an A. I now hand it to you and say, look, it's an A. And if you say…”
Walker: 409A auditors benchmark startups against datasets skewed toward major successes
“That's kind of how like auditors sometimes compare startups to their growth rates when they're setting four or nine A's or things like that. Like they're using data sets that include only the absolute major successes and not actually the full data set that inc…”
Clarkson: Auditors urged venture GPs to coordinate valuations in late 2022
“Well, and then I heard stories, and this is a story, so put it under the rumor and hearsay bucket, but that last year, the end of twenty-twenty-two, when the auditors were getting involved, they were telling GPs to talk to each other to try to figure out how t…”
Zorub: Regulators and auditors do not find frauds, the market does
“Regulators don't find frauds. Auditors don't find frauds. It's the market that finds frauds.”