Losses at the Forest Service

[RemingtonRules]

That is what I said in my post and the vast majority of private companies are not getting audits. Ask me how I know.
I know of plenty of private companies with 8 figure revenue and 7 to 8 figure debt or LOCs and they are not required to get financial statement audits. They also don't have non-owners on boards and owners typically have free reign over their comp. And even if they have a financial statement audit is much different and there is no transparency with outsiders or employees.

And most people have no idea what an "audit" actually is. Nobody is going through and double checking every check/expense and every deposit. Financial statement audits are not designed to find fraud and they are full of CYA language to be "materially correct".

I am ok with all of the above and I am only responding because your descriptions are very incorrect.

Have you ever done an audit or been involved in one?

 

[barefooter19]

Long over due IMO. The USFS couldn’t get much worse, the wildland fire fighters are just grunts with no say they will be ok and appreciated. I hope they clean house here I’ll go down to the Ranger District headquarters and wave goodbye.

 

[BuzzH]

So you are saying these US Government employees would seek jobs with terrorist? Your funny.

Where are the terrorist job boards posted?

Uhhhh, no.

 

[BuzzH]

Long over due IMO. The USFS couldn’t get much worse, the wildland fire fighters are just grunts with no say they will be ok and appreciated. I hope they clean house here I’ll go down to the Ranger District headquarters and wave goodbye.

So, what illegal motorized trail did they close down so you can't ride your ATV down it anymore?

 

[INMT]

Long over due IMO. The USFS couldn’t get much worse, the wildland fire fighters are just grunts with no say they will be ok and appreciated. I hope they clean house here I’ll go down to the Ranger District headquarters and wave goodbye.

So you’ll wave goodbye to the trail crew and firefighters because they have no say? Confusing.

 

[RemingtonRules]

So, what illegal motorized trail did they close down so you can't ride your ATV down it anymore?

Resident bully

 

[westbranch]

Have you ever done an audit or been involved in one?

Yeah, quite a few actually. Both doing the audits and have been audited. And have friends, colleagues, and family in finance/accounting/CPAs from small companies to large F500 companies.

 

[BuzzH]

Resident bully

No, just know the type.

About like the guy that chewed my ass when I asked him to cross his property to get to some FS ground I had a work site on.

He was pissed at the FS, and default at me as well, because the FS fined him for illegally cutting 50 trees on FS land.

My fault somehow and he hates the FS now.

 

[RemingtonRules]

Yeah, quite a few actually. Both doing the audits and have been audited. And have friends, colleagues, and family in finance/accounting/CPAs from small companies to large F500 companies.

So you realize the value of them and why they are done.

 

[brymoore]

I’m not sure why people think financial audits mean integrity.

Lehman Brothers and Ernst Young showed that fraud can occur with years of financial audits.

 

[RemingtonRules]

I’m not sure why people think financial audits mean integrity.

Lehman Brothers and Ernst Young showed that fraud can occur with years of financial audits.

Lehman Brothers fell because of bad investments. Audits do not comment or evaluate business strategy.

Better example would be Enron.

 

[westbranch]

So you realize the value of them and why they are done.

And well aware of the limitations.

 

[Labman]

So you’ll wave goodbye to the trail crew and firefighters because they have no say? Confusing.

Trail crew . I spent 70 days in the Elkhorns last fall and can assure you the trails I hiked there haven’t seen a FS trail crew in many, many years. Likely decades. I’m glad they got fired if they did, they didn’t do anything anyways.

 

[brymoore]

Lehman Brothers fell because of bad investments. Audits do not comment or evaluate business strategy.

Better example would be Enron.

Enron is a good example

Ernst Young paid $10 million in fines for its failure to audit Lehman Brothers.

EY Agrees to Settlement of Lehman Auditing Suit

CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and maximize their personal career potential.

www.cfo.com

“After more than four years of litigation, Ernst & Young has agreed to pay $10 million to settle New York State allegations that its auditors helped Lehman Brothers Holdings mislead investors before the investment bank collapsed in 2008.”

 

[RemingtonRules]

Enron is a good example

Ernst Young paid $10 million in fines for its failure to audit Lehman Brothers.

EY Agrees to Settlement of Lehman Auditing Suit

CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and maximize their personal career potential.

www.cfo.com

“After more than four years of litigation, Ernst & Young has agreed to pay $10 million to settle New York State allegations that its auditors helped Lehman Brothers Holdings mislead investors before the investment bank collapsed in 2008.”

Can’t fight city hall. Four years in courts. NY is always after some payment.

 

[BuzzH]

Trail crew . I spent 70 days in the Elkhorns last fall and can assure you the trails I hiked there haven’t seen a FS trail crew in many, many years. Likely decades. I’m glad they got fired if they did, they didn’t do anything anyways.

That's what you get with zero funding and no staffing. One of the areas I worked in WY on the BT, the only trail crew was 2 elderly school teachers that did trail work in the summer.

They did a good job considering their age, the crap wages they got paid, and being a 2-man show. Any 2 man crew can only clear so much trail in 3 months.

 

[brymoore]

Can’t fight city hall. Four years in courts. NY is always after some payment.

Or they were guilty.

 

[INMT]

Trail crew . I spent 70 days in the Elkhorns last fall and can assure you the trails I hiked there haven’t seen a FS trail crew in many, many years. Likely decades. I’m glad they got fired if they did, they didn’t do anything anyways.

Defund and decry. Your comment proves you have no clue. I’ve been involved with trail crews for the past 25 years and I can assure you it’s not a lack of effort.

And the chicks I’ve worked with would’ve whipped you into submission.

2 months in the Elkhorns

 

[RemingtonRules]

Or they were guilty.

The Securities and Exchange Commission opened an investigation into the accounting gimmick, which allowed Lehman to sell securities at quarter end so as to exclude them from its balance sheet and then repurchase the same securities days later. However, in 2012 the SEC closed its investigation without bringing suit.

They had a different opinion than the state.

 

[BuzzH]

Sorry for all affected but long time comin for a complete sweep of federal jobs when’s the last time any federal agency cut back all they do is get bigger and bigger waste of tax money dollars nothing but pork let’s trim the fat and get back to America being the goat we’ll figure it out as hunters we always do sorry again for those affected but federal government out of control

trump baby let’s ride!

Would be nice if you could figure out some punction, sentence structure and finding a clue.

I know that's a lot to ask.