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SooS416

06/10/19 1:35 PM

#5061 RE: toncatmad #5060

And for a first time audit of a company like this, the testing would be near 100%, sample sizes go out the window since an effective control environment would not exist enough to rely on sample testing.

Overall the company has a pretty clean balance sheet which should make it a little easier but still requires a lot more testing that the typical audit, especially since they want to file a Form 10 and be SEC reporting. One thing to just get an audit done, a whole other thing to be SEC reporting and Form 10 filing.