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Re: Dan Simmons post# 36587

Friday, 06/24/2016 11:44:34 AM

Friday, June 24, 2016 11:44:34 AM

Post# of 37545
To do the current audit everything had to be reviewed back to the 2008 audit. The auditor had to stub back to a proven baseline and go forward from there.

So every single transaction from 2007 forward (everything included in the 2008 audit) had to be covered.

That's basic accounting. So to say 2011 was not audited is misleading. It had to be included in the current audit in order for the auditor to sign off.