Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

It is unusual for the 'comparative' balance sheet to be nine months prior. Generally it is the end of the prior fiscal year (in this case, December 31, 2013).

Indeed, it is very unusual to have audited interim financial statements (that is, statements other than year end). Even very large companies only have their interim financial statements 'reviewed,' that is looked at for reasonableness by their auditors but not actually audited and all that such work entails (this is the practical reason why companies are given 105 days to publish their annual reports, and 45 days to publish quarterly).

Not sure why BCCI didn't put the effort into auditing the 2013 financials, as I had previously suggested might happen, even if delaying them further, as opposed to having the first audit be of a quarter.