how to decide audit fees of NBFC
CA ArMan Tarun Soni (CA) (65 Points)
28 June 2018CA ArMan Tarun Soni (CA) (65 Points)
28 June 2018
CA Dheeraj S
(Practicing CA)
(427 Points)
Replied 04 August 2018
It depends on Nature, Time and Extent of the audit work involved.
You can have a look at their financials/ accounts ERP to roughly estimate the work involved along with number of hours and staffs involved on the assignment and there after determine the fees.
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