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Wednesday, September 15, 2021 11:57:43 AM
How much does it cost to audit a company?
Audit costs vary depending on the complexity of your company, the state of its accounting records, and its financial position. The cost of auditing an operating company for the first time may range between $12,000 and $80,000, although may be higher if a company has foreign operations.
I am not a CPA, If this information is at all accurate AABB has resources to do an audit.
The company has stated they want to be transparent to their shareholders. If that is true do the audit. Some have claimed the company may be doing an audit they’re just not sharing information from the issues brought about by their last claimed audit. If they are, get it done, provided information to the SEC for all to see.
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