The Investigating Accountant will usually come to your business and spend between a day and a week reviewing your company and then provide a written Report to the Bank.
So the Report that goes to the Bank is authored by the Investigating Accountant. The Investigating Accountant will get the vast majority of its information from you and your company’s records.
So do you get input into the Report? Well you don’t get to write the Report but you will be providing the information to the Investigating Accountant. In that way you can influence the information in the Report.
We recommend that you cooperate fully with the Investigating Accountant but ensure you put your views across forcefully with good information to back up your views. If you have not got the level of information described above then you must get it done before the IA completes their version.
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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