What will it cost?
The cost of an Investigating Accountant can vary widely. It can vary from a few thousand dollars for a one day "Quick-and-Dirty" review to $50,000 for a medium size business with some complications.
But one thing that is for sure is that the bank will insists that the company pays for the IA.
You will have little choice but to agree as it will usually be allowed for in the loan documentation.
We strongly recommend that if the Bank has appointed their own adviser, being the Investigating Accountant, then you need to have your own adviser that will look after your interests. If you are in this situation why not CALL US NOW for CONFIDENTIAL FREE ADVICE.
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