Wednesday, April 22, 2009 10:57:14 PM
In my prior life, I audited a small business with roughly $100 mill in revenue. They had a full accounting department, with fully audited financials to keep the banks happy. When I say "full accounting department", I am saying a 2000 sq ft room with several accounting employees. They did their own payroll, which made the audit a pain. This "small business" was actually pretty large, with several buildings. Five of us would spend an entire Saturday auditing inventory. EESO is a penny pump scam.
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