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Re: loadedstoat post# 83921

Wednesday, 06/07/2017 1:36:00 PM

Wednesday, June 07, 2017 1:36:00 PM

Post# of 230092
It is up to the auditors to audit the financial statements which require the gathering and review of what ever documentation that the auditors deem necessary to opine on the financials.

A typical year end audit for a small public company takes 60 days and that is when you have normal operations. When you are trying to audit statements from years ago when documenation may be scare it can get difficult to perform the procedures necessary for the auditors to sign off.
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