Post
Topic
Board Bitcoin Discussion
Re: [ANN] Mt.Gox overview: January 2012 / Transparency
by
SMTB1963
on 17/07/2012, 19:31:11 UTC
What's the cost? And who's collecting the BTC to buy a copy to share with the community?

The cost is "52,500 yen (before tax 50,000 yen) + Data Charge x Output Records" (I estimate to be around 700 bucks).

But before anyone goes spending any money, they should be aware that Teikoku Databank makes no assurances on the veracity of the financial statements you buy from them.  Probably because their financial statement data for privately held Japanese firms is (by and large) gathered via surveys.  It is entirely possible that Mr. Karpeles submitted MtGox's financial data to Teikoku Databank himself.

I guess I misunderstood what an audit is. I thought is was one that shows where the money is, oppose to showing that the patella is connected to the femur.

Many types of audits performed by public accountants. The SSAE 16 referred to by casascius would provide an opinion on the internal controls implemented in MtGox's end-user systems vis-à-vis the system's ability to provide reliable financial data.  Some caveats with an SSAE 16 are: the audit is based on management's description of the controls/system, the audit gives no opinion on the accuracy of the financial data extant in the system being audited, and the audit gives gives no opinion on the accuracy of the service firm's consolidated financial statements.