Why audit services are expensive?

The cost of audit services is calculated depending on how much time was spent by auditors on a particular project.

The cost of a specialist salary per hour depends on the qualification - the highest qualification, respectively, is properly assessed.

To acquire knowledge and skills, specialists invest their time, energy, invest significant resources and make focused efforts to support and improve certain skills. By consulting of such specialists, you save your time. That is, use the experience gained by the auditor. Do you agree? It costs a lot.

You can conduct an experiment. Investigate how much time can be spent searching for an answer to a particular question. Determine the cost of this solution to the problem by multiplying it by the cost of YOUR time. You may be surprised that the cost of self-search is much higher than the cost of consulting a highly qualified specialist.

In addition, audit companies are required to develop an effective quality control system within the company, which should be regularly confirmed by external audits. This means that the activities of all certified audit companies are controlled by an independent body - the Audit Chamber of Ukraine. And it is very useful for business! Because by receiving the service of such companies, you can be sure of the quality of their services. And also in the qualifications of auditors who help your business.

Allocate your time efficiently! Seek the services of qualified professionals. They will help you pay more attention to strategic business development, rather than studying the law.