For those that have experienced Deals at a MM firm and B4 firm. How does the data compare? Are B4 Deals traditionally much cleaner data to work with?

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EY seems to have differing viewpoints

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I’ve had nothing but trash accounting in b4

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Cash proofs are standard on every unaudited company or period regardless of size. You wanna just believe their revenue and expense figures are correct with no knowledge of the sensitivity

No

Night and day

Yes

You just run into different issues. Bigger deals you might have to deal with 20 trial balances and supporting schedules thay exists separately at each entity (which is fine but can introduce complexities) whereas MM you might get direct QuickBooks access which makes it super easy to get data, but the underlying accounting might be trash and you have to figure that part out.

Trash accounting is a requirement for MM deals

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