Audit Clinton Foundation now!

[Votto]

Auditing the Clinton Foundation for its role in the Haitian relief plan should be the first thing Trump does if elected.

Here we see this pitiful Haitian man claim that Hillary tried to buy him off and offer to make him the richest man in Haiti if only he would go along with their scam. Luckily, the man has principle and cared more about helping his own people after the earthquake in Haiti and subsequent chaos and suffering.

 

[Votto]

Crickets.

Where are all the psychopath Hillary supporters?

 

[TNHarley]

Watch Clinton Cash

 

[320 Years of History]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

 

[sealybobo]

Auditing the Clinton Foundation for its role in the Haitian relief plan should be the first thing Trump does if elected.

Here we see this pitiful Haitian man claim that Hillary tried to buy him off and offer to make him the richest man in Haiti if only he would go along with their scam. Luckily, the man has principle and cared more about helping his own people after the earthquake in Haiti and subsequent chaos and suffering.

Then audit the Trump Foundation

Journalist Says Trump Foundation May Have Engaged In 'Self-Dealing'

Washington Post reporter David Fahrenthold says the Trump Foundation doesn't operate like a typical charity: "[Trump] doesn't seem to have understood that a charity isn't set up to benefit you."

 

[CrusaderFrank]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

 

[TheOldSchool]

Auditing the Clinton Foundation for its role in the Haitian relief plan should be the first thing Trump does if elected.

Here we see this pitiful Haitian man claim that Hillary tried to buy him off and offer to make him the richest man in Haiti if only he would go along with their scam. Luckily, the man has principle and cared more about helping his own people after the earthquake in Haiti and subsequent chaos and suffering.

They could be audited a thousand times and you rubes would keep crying wolf

 

[SwimExpert]

Auditing the Clinton Foundation for its role in the Haitian relief plan should be the first thing Trump does if elected.

And we pray that he is elected, so that we can be spared the kind of corruption in the Oval Office that uses the Presidency to attack political opponents.

 

[Siete]

Crickets.

Where are all the psychopath Hillary supporters?

thats because The Clinton Foundation has been audited every year since 1998, and all the "psychopaths" are letting you look like a dumbass.

 

[CrusaderFrank]

Crickets.

Where are all the psychopath Hillary supporters?

thats because The Clinton Foundation has been audited every year since 1998, and all the "psychopaths" are letting you look like a dumbass.

They've been audited...by whom?

 

[bullwinkle]

Auditing the Clinton Foundation for its role in the Haitian relief plan should be the first thing Trump does if elected.

Here we see this pitiful Haitian man claim that Hillary tried to buy him off and offer to make him the richest man in Haiti if only he would go along with their scam. Luckily, the man has principle and cared more about helping his own people after the earthquake in Haiti and subsequent chaos and suffering.

Interesting. Maybe Gowdy and Chaffetz should investigate this, although I am unclear on what this man was expected to do to become the 'richest man in Haiti'. I know there has been a lot of grumbling that Congress has yet to forward the money promised. Meantime, closer to home there evidently HAVE been audits and they are public, such as this: Bill, Hillary & Chelsea Clinton Foundation | Charity Ratings | America's Most Independent Charity Watchdog | CharityWatch

 

[Siete]

Crickets.

Where are all the psychopath Hillary supporters?

thats because The Clinton Foundation has been audited every year since 1998, and all the "psychopaths" are letting you look like a dumbass.

They've been audited...by whom?

The IRS.

 

[320 Years of History]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

 

[CrusaderFrank]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

 

[320 Years of History]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

Fine. Point me to the one's published prior to his trial and that were publicly released.

 

[CrusaderFrank]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

Fine. Point me to the one's published prior to his trial and that were publicly released.

And that were addressed to you personally?

Your conditions are ignorant

 

[320 Years of History]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

Fine. Point me to the one's published prior to his trial and that were publicly released.

And that were addressed to you personally?

Your conditions are ignorant

WTH? I just want you to show me copies of Bernie Madoff's audited financial statements that were published, like the Clintons' are, for public consumption prior to Madoff being placed on trial You claimed above that Bernie Madoff's audited financial statements were published. All I want you to do is back up your remark in a contextually germane manner.

 

[CrusaderFrank]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

Fine. Point me to the one's published prior to his trial and that were publicly released.

And that were addressed to you personally?

Your conditions are ignorant

WTH? I just want you to show me copies of Bernie Madoff's audited financial statements that were published, like the Clintons' are, for public consumption prior to Madoff being placed on trial You claimed above that Bernie Madoff's audited financial statements were published. All I want you to do is back up your remark in a contextually germane manner.

Maybe they're at the SEC.

He did publish them, his accountant who filed the audits received leniency in exchange for his testimony.

Much like the Clinton Foundation, that he filed audits does not mean that they were accurate or audited by the IRS

 

[Votto]

Crickets.

Where are all the psychopath Hillary supporters?

thats because The Clinton Foundation has been audited every year since 1998, and all the "psychopaths" are letting you look like a dumbass.

They've been audited...by whom?

The IRS.

Right, the same entity that continues to hunt conservatives.

 

[320 Years of History]

If you were to look, you'd see that the Clinton Foundation's audited financial statements have been published. Read them.

So were Bernie Madoff

Were they? Point me to them. I cannot find a single one that was published prior to his trial. I'm aware that he provided statements to potential and obtained clients. I was not among them, so I don't know if they were audited statements or just statements.

Sure, they were audited. He filed audited financial just like the Clinton Foundation

Fine. Point me to the one's published prior to his trial and that were publicly released.

And that were addressed to you personally?

Your conditions are ignorant

WTH? I just want you to show me copies of Bernie Madoff's audited financial statements that were published, like the Clintons' are, for public consumption prior to Madoff being placed on trial You claimed above that Bernie Madoff's audited financial statements were published. All I want you to do is back up your remark in a contextually germane manner.

Maybe they're at the SEC.

He did publish them, his accountant who filed the audits received leniency in exchange for his testimony.

Much like the Clinton Foundation, that he filed audits does not mean that they were accurate or audited by the IRS

Red:
Really? You'e now gone from "So were Bernie Madoff's [audited financial statements publicly available before Ascot Partner's collapse]" to, "Maybe they're at the SEC."? LOL They are not at the SEC; they never were.

Red and Blue:
Bernie Madoff did not publish his company's audited financial statements to anyone other than the potential and actual investors in his hedge fund. Bernie Madoff's business, Ascot Partners was a privately held partnership, thus subject to no public disclosure requirements.

Only publicly held companies file audited financial statements with the SEC, accordingly, even if Madoff were to provide audited financials to the SEC, they'd do nothing but toss them into the "round file" because their scope does not include privately held companies.

Charitable foundations must comply with IRS, not SEC, disclosure requirements.

Blue:
Public accountants (public auditors) do not file audited financial statements. They audit the financial statements and related notes to the financial statements various organizations produce and then provide their opinion about the nature and extent to which the financial statements fairly present the company's financial position, results of operations and their cash flows. In accordance with Sarbanes-Oxley, company managers also engage auditors also to opine about the sufficiency of the company's internal control procedures over its financial reporting. (Auditors do other things too, but in the context of this discussion, the basic "3 paragraph"** opinion is all that's relevant.) Organizations that are required to file audited financial statements, and/or the notes accompanying them, with the SEC submit them themselves, including a copy of the auditor's opinion with other content they are required to file; their auditors do not file the audit report.

You should take the time to read a standard auditor's opinion for it identifies everything an auditor does and does not do, what the opinion represents and does not, and the scope of responsibility the auditor assumes for the work it performed. You'll find one inside of every annual report you receive from the companies in which you own stock. For your convenience, an image of one is below.

Independent Auditor's Opinion Template

Independent Auditors' Report

To the Board of Directors and Shareholders
Company XYZ
Address

Report on the Financial Statements
We have audited the accompanying balance sheets of X Company as of December 31, 20X2, 20X1 and 20X0, and the related statements of income, retained earnings, and cash flows for the years then ended, and the related notes to the financial statements.

Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedures selected depend on the auditor's judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a reasonable basis for our audit opinion.

Opinion
In our opinion, the financial statements referred to previously present fairly, in all material respects, the financial position of XYZ Company as of December 31, 20X2, 20X1 and 20X0, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

(Signature)

(Date)​

Actual independent auditor's report

**Note:

"3 paragraph" is just a term that will tell some more newly minted CPAs that I began my career as a public accountant a long time ago. Back in those days -- I worked for Peat Marwick at the time -- an unqualified opinion was just three paragraphs, and we and clients too joked about how much money, time and people it took to to obtain "just three paragraphs."
​

Other:
I should point out that I knew from "square one" that Bernie Madoff did not publicly disclose his financial statements and I know that you won't find Ascot Partners' financials that were disclosed publicly prior to Madoff's trial anywhere. Even now, odds are you'll only find the one's that were disclosed as a result of the court proceedings that landed Madoff in jail.

Truly, I don't at all mind differing points of view; however, I welcome them only when folks know well what they are talking about. That's part of why I don't post in a variety of the available on USMB. I don't, for example, know much about sports, even though I'm well informed about the business of sports, thus I don't post in the Sports subforum.

The only reason I have endured this conversation with you is because I knew what would and would not be obtainable and because you have taunted me and, seemingly to me, over the past couple months made an attempt to refute, nitpick or otherwise make some sort of "smart aleck" remark in response to my comments. Accordingly, I was willing to give you the petard by which you could hoist yourself, which to my satisfaction you have done.

Going forward, which will only be about a month longer as far as we both may be concerned, I ask only that when you respond to my post, you know -- not think you know -- what you are talking about and have fully vetted your facts/understanding.