Looking for a recommendation for a Quality of Earnings firm in New England

investor profile

April 20, 2021

by an investor from Yale University in New York, NY, USA

Hi All,

Can anyone recommend a good and affordable CPA firm to conduct a Quality of Earnings review on a ~$3 million EBITDA company based in New England? A lot of QoE firms are very backed up now, and we're hoping to find someone who can start right away.

Best,
Ted

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commentor profile
Reply by a searcher
from University of Virginia in New York, NY, USA
A regular way QofE will run $20k-$25k+ depending on how many years are being reviewed. The cost of a QofE is not linear based on a company's size. Would be skeptical of anyone who can promise for less and still hold up under scrutiny. Depending on investor base (if any) and financing relationships, a professional QofE by a reputable firm goes a long way in eliminating concerns down the road. Check out the local office of Alvarez and Marsal. For a deal that size it would fall into their lower level PE efforts.
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Reply by a professional
from Walsh College of Accountancy and Business Administration in Detroit, MI, USA
Ted we would love the opportunity to work with you, but we are generally 2 weeks out before starting a Q of E. This does give the target time to provide all the data requests in advance of us digging in. If interested in talking, email me at redacted and we can set up a date and time to talk.
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