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Ramingo Caldari Core Impulse	Posted - 2010.08.17 05:12:00 - [1] Edited by: Ramingo on 17/08/2010 05:17:20 I did a search to find out about the current auditor program, if any, and the only post I found was locked due to inactivity. Since I can't play the game at work, but do have quite a lot of spare time, I figured I'd offer my services as auditor. I doubt it matters, but I also used to work as Internal Auditor for a European stock exchange. Anyway, what I will do: - Check wallet transactions - Check assets - Verify trading history/ profit making potential - Check contract history - Find characters traded officially, and any potential alts - Check employment history/ do a background check if neccessary - Check forum activity - Use my best judgement to deliver an objective report - I will and most likely can not use any of the information gained to my advantage, as I'm currently a 100% pure FW PvPer and mission runner (have been for over a year now) If you're interested in getting a character or corporation audit done, leave a message here or eve-mail me in game on Ramingo if you want the audit to be confidential.
Rakshasa Taisab Caldari Sane Industries Inc. Initiative Mercenaries	Posted - 2010.08.17 05:30:00 - [2] I'm offering to audit this auditer for a modest cut of the fee.
Estel Arador	Posted - 2010.08.17 11:07:00 - [3] Originally by: Ramingo - Whenever there is an issue of trust Like now? Free jumpclone service\|1092 stations!
Nathan Jameson	Posted - 2010.08.17 11:10:00 - [4] Thought it said "offering adult services." Left disappointed.
Ramingo Caldari Core Impulse	Posted - 2010.08.17 11:59:00 - [5] Edited by: Ramingo on 17/08/2010 12:01:57 Originally by: Estel Arador Originally by: Ramingo - Whenever there is an issue of trust Like now? Well, I might not have the reputation you do but I've done my own share of things in eve, both MD and in-game related, such as: - Making loans to individuals/corps - Borrowed close to 5 bill isk and repaid it - Running a newbie help channel for the caldari militia - Featured in the news a few times for founding the CDI (FW) - Access to 10 bill isk of assets during Nex Exercitus' move from Sagain to Fountain These might be nothing in comparison to your credibility but in the very least I'd assume it gives me the foundation for my own. Either way, I'm only looking to do audits at the moment and contributing to the MD, not obtain billions in loans or being 3rd party to supercap trades. Edit: I'm also not asking for my first few audits to be on multi-billion enterprises, I'm just as happy to start off with smaller investments/individuals that need auditing.
CF ProctoR Core Impulse	Posted - 2010.08.17 12:34:00 - [6] Hi there, Ive known ramingo for nearly half a year now , and he has been VERY loyal and trustworthy. I wish you good luck with your service mate, :) Best regards CF ProctoR Core Impulse
Gabriel Virtus hirr	Posted - 2010.08.17 12:40:00 - [7] I(we?) would still have an issue of trust... with you. You seem to be a complete no one. -GV
Ramingo Caldari Core Impulse	Posted - 2010.08.17 13:09:00 - [8] Edited by: Ramingo on 17/08/2010 13:12:04 Originally by: Gabriel Virtus I(we?) would still have an issue of trust... with you. You seem to be a complete no one. -GV Only 1 way to start building a rep in auditing, and as far as I'm concerned that's by doing audits. I am not looking to invest in bonds or issue them myself. If I did that it'd be far, far more profitable than auditing, add to that I'm not much of a trader. I do however know about figures, profitability, security (I've led my own corp for the last 6 months and had a supercap + 2nd largest cap fleet in FW in it before we went on to other things). So, I'm open for business and if anybody wants an audit done, no matter how small, leave a message! P.S.: Given that the current auditors seem to have little time to fulfill all the audits demanded, old auditors retire, and there's a constant number of replies to bonds "reserved pending audit" you are not exactly doing a good job at encouraging new auditors to come forward and fill the gap.
Roguehalo Caldari Resonance Laboratories	Posted - 2010.08.17 13:16:00 - [9] This looks like a very well written offer by Ramingo. I wish people would use some judgement occasionally instead of just calling 'scam' merely because........well because what? If I was just starting out and wanted to run a 1-2b bond I'd be very happy to be audied by Ramingo
SencneS Rebellion Against Big Irreversible Dinks	Posted - 2010.08.17 13:20:00 - [10] Auditing in EVE comes with a baggage.. When you do an audit and you confirm the CEO's claims of being who they say they are, able to make the ISK they make etc. If they turn scam, the Auditor gets some of that blame. Even though they shouldn't but they do. Can you handle the idea that if you audit and declare everything OK, then they scam, you could be considered part of that scam? There is also an audit fund which is active did you consider joining that project as an available auditor? Amarr for Life
Ramingo Caldari Core Impulse	Posted - 2010.08.17 13:38:00 - [11] If I audit someone I give an objective assessment based on the facts. I'll do as much research as is possible - if there are doubts then I will post them there. However, no audit is 100% accurate. Someone with a great trading history might just decide he wants to quit EvE for RL reasons and go out with a big bang, or things like that. However I will do my best and dig as deep as I can before coming to any conclusion, and I think that will become apparent after my first couple of audits - if they're ever going to come to fruition given the negative feedback I've received so far. No, I'm not interested in the audit fund as I have my own idea of how to conduct audits and don't see any benefit in joining it. This is not to say that I don't support it, but as far as I'm concerned auditing is a one-man job (additional auditors can be brought in but they should audit independently as well) so that results can be compared. Since as you said I will be putting my own name on the line I should also be solely responsible for myself.
CantStopThe Rokh Paper Tiger Merc Group	Posted - 2010.08.17 13:39:00 - [12] You will probably want to start out trying to do some free audits on either smaller stuff or side by side with a known auditor. Even without the trust issue there is still the issue that you might not know how to audit someone effectively.
0hai	Posted - 2010.08.17 13:40:00 - [13] Originally by: Ramingo Edited by: Ramingo on 17/08/2010 12:01:57 - Featured in the news a few times for founding the CDI (FW) Did Chribba support this in the article? Originally by: Gladys Pank My erections will stand proud forever.
Ji Sama Caldari Tash-Murkon Prime Industries manufacturing disaster	Posted - 2010.08.17 13:43:00 - [14] I would personally like to welcome you as an auditor. You would have to start with smaller ventures, and perhaps get a more experienced auditor, to co-audit any ventures in the beginning to see if you are up to par. Other than that, I have nothing to add.
Ramingo Caldari Core Impulse	Posted - 2010.08.17 13:44:00 - [15] Originally by: CantStopThe Rokh You will probably want to start out trying to do some free audits on either smaller stuff or side by side with a known auditor. Even without the trust issue there is still the issue that you might not know how to audit someone effectively. I am offering free audits and I am also available for smaller ones, as advertised. If you want/need anything audited, let me know! Worst case you can hire me and then another auditor independently and compare findings ;)
Lucyna Minmatar Interstellar Killer Bee Enterprises	Posted - 2010.08.17 17:13:00 - [16] I sent you an eve-mail. I won't be able to be on the client for 7-8 more hours. Lucyna.
Lucyna Minmatar Interstellar Killer Bee Enterprises	Posted - 2010.08.17 23:33:00 - [17] Originally by: Lucyna I sent you an eve-mail. I won't be able to be on the client for 7-8 more hours. Lucyna. Alright, I've sent him some info, let's see how much he sells my "top sekret" trade routes for He said he'll get a start on in the morning. Oh and MD, just to let you know, I'm happy to be your guinea pig for this guy, assuming I'm the first one to have a go with this.
cosmoray Bella Vista Holdings Corp	Posted - 2010.08.17 23:49:00 - [18] Good luck with auditing. Personally I think its underpaid, time consuming, and thankless. You will get hammered because you don't have a name yet, and if things go wrong to a client and they scam you will lose all credibility too. Also auditing seems to have died off recently and I can't quite put my finger on when this happenned? Many IPO's/bonds from new players seemed to have launched successfully without audits. Cista's new exchange for small launches also has helped many new corps come to the market. At that low level its just really a punt on a few 10's of millions and nothing to cry about.
Breaker77 Gallente Reclamation Industries	Posted - 2010.08.18 00:14:00 - [19] Originally by: cosmoray Also auditing seems to have died off recently and I can't quite put my finger on when this happenned? It happened a few months ago when nothing but obvious scams were coming out and the current auditors said "F&#^ this, it's not worth it".
Ramingo Caldari Core Impulse	Posted - 2010.08.18 06:19:00 - [20] Having conducted my first audit on Lucyna, the findings are presented in the IPO's thread: ISKBE
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2010.08.18 10:37:00 - [21] Edited by: Vaerah Vahrokha on 18/08/2010 10:42:51 Quote: Only 1 way to start building a rep in auditing, and as far as I'm concerned that's by doing audits. I know the difference is subtle, but imho you don't build a rep in auditing, you earn a rep in auditing. In the beginning the "rep meter" will be -9000, but if you go ahead despite the 1000 obstacles you'll have to jump over, rep will come to you without any need to build it. Quote: However I will do my best and dig as deep as I can before coming to any conclusion, and I think that will become apparent after my first couple of audits - if they're ever going to come to fruition given the negative feedback I've received so far. Getting acceptance from the ever suspicious and conservative MD community is a long and painful process. You must not let the negative feedback kill you, it's an entry barrier (ordaly!) and a challenge you can defeat if you fight strong, smart and for a long time enough. Quote: Also auditing seems to have died off recently and I can't quite put my finger on when this happenned? "Not worth it" is the keyword. Nerve wrecking, patience tolling, flames fuel, poor man's metaprofession, you can label it as you want and this is what makes people steer clear. We ARE in MD after all, a good auditor knows that the minerals (audits) he mines are NOT free, if the returns for the activity are below a perceived thresold he just stops doing them. Just think about this: it yields vastly less than L4 yawn-missioning yet - you put your face at stake, flamers, haters and trolls just wait for a typo to put you on a cross. - most audits are as boring as missioning, yet you have to deliver on NAV calculation precision, on realistic projected income. - have to heavily invest in game knowledge, while a 2 months old alt can fly his first L4 without even having a clue beyond reading EvE-Survival. - plus there's the feeling: audit is considered superfluous exactly by and for the few who would actually be audited: the mega-billions affairs. Only Proton Power and few others even bothered with performance reports, so what feelings can you get when all you are considered good for, is to weed off noobs? - persisting group of people constantly remiding how it's worthless and giving false feelings of safety. I mean, auditing can give great satisfactions (expecially when you do a first of some new kind of investment, then it becomes routine) but of all of my RL experiences I find only RL trading in a losing trade as bad to morale as some days as auditor. At a certain point you develop a sort of repulsion, of nausea. The umpteenth guy mails you asking for an audit, and all you feel is: "NO, NOT AGAIN!" Now, consider the above as just a "brain dump" of feelings, not a whine. I am perfectly comfortable right now and doing what I love gets back to technical analysis charting software. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Varo Jan Caravanserai Consulting	Posted - 2010.08.18 11:11:00 - [22] Originally by: Breaker77 Originally by: cosmoray Also auditing seems to have died off recently and I can't quite put my finger on when this happenned? It happened a few months ago when nothing but obvious scams were coming out and the current auditors said "F&#^ this, it's not worth it". This auditor simply had too much on his plate at the time. There was no other reason.
RAW23	Posted - 2010.08.18 20:53:00 - [23] Originally by: Ramingo No, I'm not interested in the audit fund as I have my own idea of how to conduct audits and don't see any benefit in joining it. This is not to say that I don't support it, but as far as I'm concerned auditing is a one-man job (additional auditors can be brought in but they should audit independently as well) so that results can be compared. Since as you said I will be putting my own name on the line I should also be solely responsible for myself. A new batch of auditors is definitely needed - be warned though, the burnout rate is pretty high . On the audit fund, I think you might have misunderstood its nature and purpose. It is not something you join as an auditor and nor does it impose audit formats. Rather, it provides funding to help start-up offerings pay auditors for their work when they would otherwise not be able to afford it. That is, currently, its sole function. As a side note, given the state of the profession at the moment the fund might want to look into upping the amounts it pays out. Current scales do not seem to be helping keep auditing as viable as was initially hoped.
Ji Sama Caldari Tash-Murkon Prime Industries manufacturing disaster	Posted - 2010.08.18 22:20:00 - [24] This is where i waltze in and say; I proposed in the discussion phase that we made payments around 100-150M per audited account :p But since I am a gentle woman, I wont!
Ramingo Caldari Core Impulse	Posted - 2010.08.19 08:33:00 - [25] Varo, do you still do audits at all? RAW, I only remember what I read about the audit fund almost a year ago or so (seems like a long time ago) and back then it didn't interest me. I just found the thread and the last entry is from over half a year ago - doesn't seem to me like it's active anymore. On a different note, I've been approached to audit someone who apparently bought a character that was used to scam with, and wants me to find out as much about it as possible. That's not something I had in mind when I created this service but I think these types of audits could turn into a core part of any auditor's offering. Unless you're auditing Riethe's char that is ;)
Varo Jan Caravanserai Consulting	Posted - 2010.08.19 08:48:00 - [26] Originally by: Ramingo Varo, do you still do audits at all? I've not done one in a while, and it's unlikely I'll do many in future. But never say never. Quote: On a different note, I've been approached to audit someone who apparently bought a character that was used to scam with, and wants me to find out as much about it as possible. That's not something I had in mind when I created this service but I think these types of audits could turn into a core part of any auditor's offering. The emphasis on MD style audits (especially for first time offerings) is far more on scammer identification than it is on financial aspects. That's why game knowledge (aka how to spot a scammer at sixty paces) is far more relevant than an RL accounting background. However, if you're asked to audit a corp's books in accordance with gaap, then RL credentials are essential.
Hel O'Ween Men On A Mission	Posted - 2010.08.19 09:39:00 - [27] Originally by: Ramingo I just found the thread and the last entry is from over half a year ago - doesn't seem to me like it's active anymore. The fund is as active as entrepreneurs want it to be. If no one requests an audit of his business to be subsidized, well, the fund stays dormant. Perhaps a bump of the thread here and there could have been done. -- EVEWalletAware - an offline wallet manager
RAW23	Posted - 2010.08.19 09:41:00 - [28] Originally by: Ramingo RAW, I only remember what I read about the audit fund almost a year ago or so (seems like a long time ago) and back then it didn't interest me. I just found the thread and the last entry is from over half a year ago - doesn't seem to me like it's active anymore. The audit fund is still running (Ji and I are amongst the directors), although things have been a bit quiet in the last two months due to the lack of auditors. The thread you were looking at is probably the first thread - there has been another one since but, in any case, most of the fund's business is done via evemail and not in those threads. I'm still not quite clear on what doesn't interest you about the fund. Let's say a new face wants to launch a 2bil bond and is told by potential investors that he needs an audit. He gets a quote from an auditor, such as yourself, and finds that it will cost him 100-150mil. Given the size of the bond and the state of his own finances, this is too expensive for him so, rather than say he won't have an audit or, alternatively, trying to push the auditor's fee down, he applies to the audit fund to cover part of the cost. The audit fund will then pay the auditor whatever is agreed. The only interaction between the fund and the auditor is the dishing out of some cash, which is why I can't quite understand what you don't like about it.
Ramingo Caldari Core Impulse	Posted - 2010.08.19 10:19:00 - [29] I don't have anything against the Audit Fund, I think it's a great idea. From what I understand it's the client/new venture owner that needs to apply to the fund to partially pay my fee. If they want to do that it's up to them. So far I've only done 1 audit on ISKBE and that was done for free, and the other is currently in progress and doesn't seem to need the assistance of the fund.
Ji Sama Caldari Tash-Murkon Prime Industries manufacturing disaster	Posted - 2010.08.19 10:54:00 - [30] Are you perhaps confusing cista2's audit initiative with the audit fund?

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