Well, what seems simple is not always simple. If they give a specific number and then later discover the bookkeeper or high school girl counted wrong, which would not be the first blunder, then they would have another problem. That is why, if they really plan to do some substantial sales in the millions, they should engage one of the Big Six accounting firms. It will also give them more credibility. So if those 11,000,000 and 20,000,000 plus projected sales are really true, they have a dumb CEO if he/she does not take this free advice.
D. Noss CPA |
