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Re: oreodiamonds post# 132472

Wednesday, 10/25/2006 10:48:56 AM

Wednesday, October 25, 2006 10:48:56 AM

Post# of 311057
I am on the board of a large 501 c3 that just completed an initial audit which took 6 months. We submitted the "ton of papers" to the auditors, they made numberous requests and just two weeks ago I sat with the auditor and reviewed his 11 page final report! Our audit expense over tripled because this was our first audit of new divisions. You may have compiled "tons of papers" for Chevron but other than the auditors returning the "tons of papers" you provided them in the first place they produced a final audit report to Chevron. That report IMO did not contain "tons of papers" but more than likely a very readable consise final report!