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Re: ricochet8 post# 2008

Saturday, 06/09/2012 2:25:30 PM

Saturday, June 09, 2012 2:25:30 PM

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Those figures seem about right to me for a publicly owned corp. Go to the SEC.gov filings database and look up similar firms to see what they pay.

There is an immense range of CPA quality. Recently there was an alcoholic in Las Vegas who audited something like 300 public firms a year, mostly by himself. Total fraud. He charged about $10,000 per public company.

Of course, they all have to be reaudited since he lost his CPA license, and most of those firms have "gone dark" rather than admit how far off the audits were.

Like I said, a quality audit can be a bargain.

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