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What does an external audit signify

There's an external audit going on at our company, should I be worried or ecstatic, since there could be potential investors doing DD?

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Tara

EY

a year ago

:P Chill
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DarkerKnight

Stealth

a year ago

big4's are generally hired to do so. There are annual audits but then there are audits to figure out growth avenues and cost reduction streams. if it's latter, be prepared to hear some bad news forward.
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Commissioner_Gordon

Stealth

a year ago

Wait and watch. In all likelihood if it is a routine audit you will never get to know the results.
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