A CPA firm that has this specialty performs, in essence, an in-depth “economic review/analysis” of all aspects of the company.

A formal definition is: Quality of Earnings (“Q of E”), or financial accounting due diligence by an independent accounting firm, takes a deep dive into a company's financial and operating information emphasizing earnings before interest, taxes, depreciation, and amortization, or EBITDA.

The cost is about $100,000.

Nice to have, but a lot of work and not necessary with the work we perform – it would be duplicative.