Well, that sounds like a reasonable explanation for the delay. I don’t know all the ins and outs of getting a financial audit in this situation.
It could be that having a different CEO during the timeframe of an audit requires the accounting firm to look deeper. Therefore, Tad asked them to shift the two-year timeframe and have it start on the date he took over. If it’s November 2020, we’re pretty close to that two-year window and that would make sense to avoid having to provide Documentation from a prior CEOs tenure.
This is all complete speculation but I can see that happening given this scenario.