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Re: Fireman451 post# 25790

Thursday, 12/04/2014 2:57:51 PM

Thursday, December 04, 2014 2:57:51 PM

Post# of 30951
Which would be a valid reason for the length of time, as all companies areo private and will need to be fully audited for three years.

If anyone has been involved in a corporate US GAAP audit of a private company, it can be quite time consuming and cumbersome as private companies are not required to keep the same records and often need to recreate prior years support to satisfy audit requests.