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SMCI jumps on compliance plan and new auditor: What’s your take?
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$Super Micro Computer (SMCI.US)$ Finding an accountant and d...

$Super Micro Computer (SMCI.US)$ Finding an accountant and delaying submission does not mean that the accounting firm will review and sign your earnings reports. Supermicro previously said not to make any changes to the financial statements related to the 10k. If a new accountant signs off, you should think about what will happen.
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  • Umami66 : It means the accounting firm will review and sign on the earnings report because this has become a conditional but unwritten prerequisite of the contract signing.

    That alone will buy more than enough time to fix whatever else that is necessary. A really simple strategy that is widely employed by businesses.

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