The purpose of auditing of a company's accounts is to determine if those accounts present a "true and fair" picture of that company's operations, and P&L.
If, as suspected by many who've contributed to this thread, there has been creative accounting, and cost-shifting etc. within Q/J*, then how could the auditors (whoever they are) have signed off on the accounts ?
Either:
. all the accounting shenanigans (assuming they have been perpetrated) are above board,
. or the auditors are incompetent (or criminal).
I'm not an auditor or accountant, and don't work in any aviation-related industry, so I have no ulterior motive here - just wondering...
BP