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Re: SolarFollower post# 17537

Thursday, 10/04/2012 10:08:55 AM

Thursday, October 04, 2012 10:08:55 AM

Post# of 28870
I am a CPA so I can attest that financials take some time if they are going to be accurate, especially if one has to unravel a mess. I have been involved in cases where we had to create the books since none existed as no in house accountant was on staff and the entire company was being run through the "owners" checkbook. We had to make numerous inquiries, find unrecorded transactions especially liabilities which are often not recorded until paid, look for agreements and contracts which may or may not be material in amount or nature. Lots of things someone has to get their hands around especially for a first time filing. I am happy in a way that this is taking some time, since it tells me that what does eventually come out should at least be accurate.