Replies to post #137313 on DD Support Board and Research Team

[Arthur]

PVSP $60K:


PLKD: $52,500+

Engagement Administration, Fees, and Other

Michael Naparstek is the engagement partner and is responsible for supervising the engagement and signing the report or authorizing another individual to sign it.

We estimate that our fees for the audit services described above to be 52,500, plus out-of-pocket expenses, if any. The fee estimates and completion of our work are based on anticipated cooperation from Company personnel; timely responses to our inquiries; timely communication of all significant accounting and financial matters; and the assumption that unexpected circumstances will not be encountered during the engagement. If significant additional time is necessary, we will keep Company management informed of any problems we encounter and our fees will be adjusted accordingly. Our invoices for these fees will be rendered as work progresses and are payable on presentation. We will require an initial retainer of $15,000 prior to commencement of fieldwork.

[integral]

Not familiar with the stinky pinky auditors working from home. BDO, GT, KPMG would charge $5,000 just to call them.

There is a reason why many CPAs are getting censured for auditing pinks.