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May 25, 2008

Comments

Chinnu

Have you given any thought of having an audit review rather then a full audit.Many non profit and charities use them as they cost from $400 to $2,000.Half the cost of a full blown audit.

Jim

Consider this "cost" of attempted cost-saving: as revealed in the spring of 2012, the town of Dixon Illinois -- which engaged a large regional firm to do annual compilations, and a one-person practice to do audits -- suffered $ 53 million in defalcations by its chief financial officer.
The responsibilities and exposures of the gate-keepers are, at this writing, still unsettled.
Jim

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  • © 2007-2017 James R Peterson Special thanks: Francine McKenna. Always with love: Kat and Julie. In memory: Bob White, Stuart Kadison