InvestorsHub Logo
Followers 1
Posts 600
Boards Moderated 0
Alias Born 03/02/2005

Re: jawmoke post# 550

Wednesday, 04/20/2005 3:16:36 PM

Wednesday, April 20, 2005 3:16:36 PM

Post# of 13573
What I am saying is that for each quarterly filing we usually spend 1 week in the field going over everything. This is when the data is readily availiable. Now HSYN is going backwards in time and probably having to create the 10Q's and 10K. This will take sometime for the auditors to go through everything and fix all the mistakes. This is assuming that the audit firm has staff available to go out to the client and perform the work. This is probably going to cost HSYN a shit load of cash. It would be to their benefit to go with a Big 4 firm in the future, someone to ride their ass about getting the work done ontime.