Thursday, October 04, 2018 7:20:44 PM
All of the audit work papers and testing methods were created last year and all the auditors have to do is copy last year’s procedures. Only opening balance sheet stuff that this audit entails is for the NSI and Morning acquisitions.
The 10K is already formatted and they just fill in the current year balances. Adjust some wording for any changes such as the acquisitions. And it’s done.
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