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Sunday, November 05, 2023 4:51:47 AM
Despite all of your later stated experience. 1. You say you have experience with audits and hiring firm is level 0. That’s not true one needs accounting records to audit, one needs support for accounting records to audit, one needs to prepare for an audit. A company never audited needs more time to prep than a perennial auditee.
2. You say it will be later in 2024 before audit is done. If you had such experience with audits you would know that an audit takes only a few months to complete if a client is indeed ready and prepared. Really large companies are audited on a continuous basis. A small company like daskonzept could take a few months or many years depending on adequacy of records and complexity of the business.
If the company is prepared as hoped, March is an easy deadline. I’ve turned around larger audits in weeks. It has more to with auditor resources and client preparation than anything else.
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