Namaste, Kindly tell me What is the approximate fee for a audit in a private company ? Not a tax audit but a normal audit . Thank you.
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Quick Summary
This discussion explores the approximate audit fees for private companies, excluding tax audits. While initial estimates suggest around £10,000 to £20,000, participants highlight that fees can vary significantly. Factors influencing the cost include the company's turnover, share capital, transaction volume, and overall business scale and complexity, with some audits potentially costing up to £200,000.
Approx Audit fees for auditing a private limited company shall be 20,000/- but i may vary depending upon the turnover of the enterprise and scale However generally statutory audit fees for the pvt. Ltd. company will be 20,000/-