>>8081141 lb Yellow Suit symbolism

The Yellow Book

The Generally Accepted Government Auditing Standards, also known as the Yellow Book, provides a framework for conducting high-quality audits with competence, integrity, objectivity, and independence.

About The Yellow Book

The Yellow Book is used by auditors of government entities, entities that receive government awards, and other audit organizations performing Yellow Book audits. It outlines the requirements for audit reports, professional qualifications for auditors, and audit organization quality control. Auditors of federal, state, and local government programs use these standards to perform their audits and produce their reports.

Our State Governments have been rubber stamping their audits, therefore getting blank checks from the Feds……now China has a 'list' of the friendlies

Q asked us 'who audits?'

I'm auditfag and wb - I know what I found. Can you anons find it?

https://www.gao.gov/yellowbook/overview

Auditors are turning a blind eye before the audits even kick-off

explore the Federal Audit Clearinghouse….the data and proof is all there

https://harvester.census.gov/facweb/

>>8081909

Hint…..the 'inventories' [Schedule of Expenditures of Federal Awards] at the beginning of the audits aren't listing all of the Federal Program money….therefore the audits are JUNK right outta the gate….

Report on Schedule of Expenditures of Federal Awards Required by

the Uniform Guidance13,14

We have audited the financial statements of Example Entity as of and for the

year ended June 30, 20X1, and have issued our report thereon dated August 15,

20X1, which contained an unmodified opinion on those financial statements.

Our audit was conducted for the purpose of forming an opinion on the financial

statements as a whole. The accompanying schedule of expenditures of federal

awards is presented for purposes of additional analysis as required by the Uniform Guidance and is not a required part of the financial statements. '''Such

information is the responsibility of management and was derived from and

relates directly to the underlying accounting and other records used to prepare the financial statements.''' The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain

additional procedures, including

==[auditors aren't doing this step]comparing and reconciling such information

directly to the underlying accounting and other records used to prepare the

financial statements or to the financial statements themselves,==

and other additional procedures in accordance with auditing standards generally accepted in

the United States of America. In our opinion, the schedule of expenditures of

federal awards is fairly stated in all material respects in relation to the financial statements as a whole.15

https://www.aicpa.org/content/dam/aicpa/interestareas/governmentalauditquality/resources/illustrativeauditorsreports/downloadabledocuments/illustrative-uniform-guidance-reports.pdf

It's all right there in the Federal Audit Clearinghouse database for us to see.

https://harvester.census.gov/facweb/

>>8082055

>I can’t find a single thread to connect-yet, but China, Universities, Common Core, Governors …

The single thread is our tax payer dollars…..the corrupt people in the Federal Government are writing blank checks to the State Governments…..the state-level audits are JUNK

>>8082086

>it was a bedrock principle back when the Constitution was being drafted that the states not be allowed to conduct their own foreign policy independent of the federal govt. Essentially what has happened in recent years is many states have essentially started doing that.

I'm finding in my line of work that when we competitively bid for State work in one State other State Agencies are competing with us also and WINNING!!!

States aren't supposed to be contracting with other States unless approved by Congress first.

University of Massachusetts

About The China Program Center

The China Program Center at the University of Massachusetts Boston seeks to advance scholarly and business collaborations between China and America through innovative program offerings. The Center’s goal is to produce mutually beneficial, culturally accurate programming to improve intercultural relations with a focus on the study of Chinese language and the society.

The Center serves as an invaluable resource for educational leaders, schools and school districts by providing the specific tools needed to build successful American-Chinese learning endeavors. It brings extensive cultural knowledge about the two countries to its audiences through innovative academic courses, training sessions, internships, workshops, and mentorships.

Just one example of in-your-face Chinese infiltration at our colleges

https://www.umb.edu/chinaprogramcenter

>>8082145

>So anons…lets DISCERN..what do (they) not want us discussing that is current?

all of the above….it is all converging.

Scholarly article on China…I will include some of the highlights here

"STRATEGIES FOR ASSET RECOVERY FROM MAINLAND

CHINA"

"China is forging itself into a global financial center for investment and slowly

retooling its courts to handle cross-border civil and commercial disputes. But China

currently lacks an adequate legal infrastructure necessary to assure non-Chinese

investors of their substantive rights. "

THE BELT AND ROAD INITIATIVE

"The Belt and Road Initiative (BRI) is the People’s Republic of China’s (China)

plan to modernize and connect the Eurasian continent by creating an extensive

logistics and transport network that links Asia, Europe, the Middle East, and Africa.2

In October 2017, at the 19th National Congress of the Communist Party of China, the Communist Party integrated the BRI into its Constitution—enshrining the BRI

and underscoring the Party’s commitment to building China into a hub that connects

trade and investment throughout Eurasia.3"

Accounting Irregularities by Chinese Firms causing US investor losses

"Between 2000 and 2011,

a rash of U.S.-listed Chinese firms accused of accounting irregularities or outright

fraud33 caused $50 billion in investor losses on U.S. stock markets.34 Due to

enforcement risks involving U.S.-listed Chinese firms, U.S. shareholder litigation

for investor losses tended to settle for comparatively low amounts.35 Foreign

creditors and bondholders investing in China through offshore holding entities have

experienced mixed results protecting their investments, particularly in bankruptcy

or default situations.36 These individuals have at times lost their entire investment

when the Chinese operating firm is located in Mainland China.37"

Going Dark and abandoning shareholders

"By 2008, 602 U.S.-listed CRMs submitted annual financial statements required

by the SEC.73 But between 2010 and 2012, over fifty CRMs were delisted from U.S.

stock exchanges because many stopped filing reports with the SEC.74 Others faced

allegations of fraud: overstating revenue, fabricating contracts, and diverting funds

to executives.75 The NYSE and NASDAQ have since put controls in place to make

reverse merger listings less susceptible to fraud,76 although some critics believe that

gaps in regulation still exist.77

Delisted CRMs erased billions of dollars in stock market value78—destroying

$26.5 billion in market capitalization between 2010 and 2012 alone.79 "

Using offshore accounts

"A study of U.S.-listed Chinese firms shows that around 76% of the firms

studied use a Cayman Islands firm as the ultimate holding firm.148 The Cayman

Islands is one of the most attractive offshore locations for a CRM to incorporate its

holding firm because there are lower incorporation costs and firms can amend

charter documents quickly.149 Furthermore, the Cayman Islands provides Chinese

firms the ability to offer an IPO on both the U.S. and H.K. stock exchanges—a

feature that several other offshore locations do not have.150"

https://sites.temple.edu/ticlj/files/2019/05/33.1_Longley_Article1.pdf

still reading…

>>8082378

cont'd

Scholarly article on China…I will include some of the highlights here

WUHAN Court made a significant move

"“This development is significant because it helps to clarify how

Chinese court[s] would interpret de facto reciprocity.”340"

"In 2017, the Wuhan Intermediate People’s Court (Wuhan Court) granted JRE

of a judgment on a contract dispute issued by the Los Angeles Superior Court.328 In

Liu Li v. Tao Li, the Wuhan Court, which is in the Hubei Province of Mainland

China, recognized and enforced a commercial money judgment based on de facto

JRE reciprocity.329 The Court found that a relationship of reciprocity between the

United States and Mainland China was established when a U.S. federal court granted

JRE of a Chinese judgment in 2009,330 and that JRE of the Liu Li judgment would

not violate Chinese law, sovereignty, security, and social public interests.331"

https://sites.temple.edu/ticlj/files/2019/05/33.1_Longley_Article1.pdf

still reading…