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Monday, November 11, 2019 5:24:43 PM
Having set across the hall from auditor the last 15 years I know they are concerned about ONE thing. And that is the Cost Benefit of every single thing they do in an audit. Very few audits I have ever seen are based on a per hour pay. There is usually a set fee at the beginning and rarely does that fee change. So to say that RBSM is unnecessarily dragging out this audit is totally false. By doing so they would be losing money and putting themselves out of business. Any auditor (staff, senior, manager, director or partner) that is found doing this would be fired on the spot by the managing partners. They want to get through the audit faster than anyone, but they can't sign off something that is materially incorrect.
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