06-11-2021, 02:34 PM
(06-11-2021, 01:34 PM)DJC link Wrote:I find it hard to believe that anyone worth their salt would conduct a review, or provide any other service, without being paid by the organisation seeking the review or service. Of course, Lowe, Walsh and Pavlich are being paid by the club and that certainly doesn't mean that they will pull their punches. Perhaps the club should have called for volunteers to have conducted a review for free ... that would work out really well :I'll disagree on the latter, companies on the asx change auditors to change the perspective of reports all the time.![]()
The club has picked three independent, well-qualified blokes who are in no way beholden to the club and I reckon their review will knock a few scabs off.
Having worked with internal and external auditors, I know that they don't give a fat rat's clacker about who is paying their bills ... and they're in deep sh1t if they don't comply with Australian Auditing Standards.
I'm a lot happier after reading the President's email.
Its often an item on voting forms for shareholders to approve especially with companies struggling or looking to capital raise. Hopefully the club provide details of expenses of the review in the annual report. I'm always interested in how much money is spent on these type of workplace evaluations and where the money went.

