i may know the answer to this question already but just want to hear other's take. So i have a client that's been with me for almost 10 years. during this span, they have grown 5 fold, eventually decided to go public. I was their financial auditor up to 2015. I have maintained a very good relationship with the management so i still do work for 4 subsidiaries that account for less than 10% of the revenue. we do annual reviewed FS for the 4 small subs and tax return work. The current auditor feels that those entity are relatively small, so they will take my reviewed FS number and consolidate with the main.
I do not get to see the final consolidated numbers anymore, we don't do any tax return work for the main big entities. I don't have any access to "privileged info" other than the 4 small sub that i work on.
So the big question, can i buy this company's stock? my conservative nature tells me i shouldn't.