[TheForge] Saving ABANA
Andy Vida
osan at netlabs.net
Sat May 22 23:50:52 EDT 2004
Phlip wrote:
> So, Will, since you brought up the expense of a full audit, how much would
> one cost? It would help considerably if there were a financial goal to
> strive for. And, how much would it cost to set up an escrow account, for the
> monies to be collected in?
Full blown audits are very costly. Now, ABANA isn't a very
large organization, financially speaking, so perhaps it would
not be so bad, but it would still be more than a little. I
have worked for basically all of what were once the "big 8"
accounting firms and auditing is a VERY lucrative business
because ot is so labor intensive.
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