Fees

Contact us for a bespoke & accurate audit quote
(see below for detailed guidance on consideration factors)

Each Audit is unique and so the following factors are considered when preparing your audit quote.

Factors Influencing Audit Fees

  • Size and Complexity of the Entity – Larger companies with complex operations require more audit work, increasing costs.

  • Industry and Regulatory Requirements – Sectors with stringent compliance (e.g., financial services, charities) often incur higher fees.

  • Risk Assessment – High-risk entities (e.g., those with past errors, fraud risks, or weak controls) require more detailed procedures.

  • Accounting Systems and Internal Controls – Well-organized systems reduce audit effort, while weaker controls increase testing needs.

  • Group Audits and Consolidations – Entities with multiple subsidiaries or overseas components require additional coordination and reporting.

  • Client Readiness and Cooperation – Delays in providing information or poor-quality records lead to higher fees.

Breakdown of Audit Fee Structure

  • Base Fee – Covers standard audit procedures and compliance requirements.

  • Additional Charges – May apply for complex areas such as valuations, going concern assessments, or extensive sampling.

  • Non-Audit Services (if applicable) – Separate fees for permitted advisory services, subject to ethical restrictions.

Benchmarking and Comparisons

  • Audit fees are benchmarked against industry averages, similar-sized entities, and past engagement fees.

  • Any significant changes from prior years (e.g., scope expansion, regulatory updates) are considered.

Transparency and Justification

  • Fees will be clearly communicated to the client, ensuring alignment on scope and expectations.

  • Any additional costs due to unforeseen circumstances will be discussed and approved in advance.

  • The audit fee reflects the complexity, risks, and resources required for a thorough audit.

  • "They set up all the techy bits for me, which was a huge relief. Having the figures at my fingertips has been valuable, but what is more valuable is the time that Susan takes helping her clients understand the figures. She does this in everyday language that anyone can understand. That, for me, is what sets them apart...I thoroughly recommend Susan Rahman and her team for their human approach to accounting."

    Alison Purvis, Founder, Unwrap Your Potential

  • "I have been a client of Susan's since 2007. She and her team manage the accounts in my medico-legal business. I was introduced to them through word of mouth. I have always found the staff very responsive and helpful. When I had a dispute the with VAT office several years ago, they were very supportive and Susan herself attended the tribunal and was able to successfully represent my case. My accounts are always ready well in advance so financial planning starts early. I can’t recommend them enough."

    Dr Soran Saeed

  • "I was recommended through a friend and was keen to work with another female led business. They do all my corporation and self-assessment accounts and have worked with me to solve many HMRC issues. I receive prompt responses and clear explanations about their actions and mine. Everything is done in plenty of time to meet the tax deadlines so I know where I stand and can plan ahead. My business is a small ltd company and they've helped me to run it in a simple way without unnecessary complications...They are always open to conversation."

    Julie, Integrity Coaching and Training Ltd

  • “For me, they have a breadth of knowledge applicable across all three of my very different businesses and were supportive when I needed them to guide me through the tax process and refinement of my business model…They were able to plan ahead with me for the future of the property business and how to ensure its success.”

    Zuberul Huda, Restaurateur & Property Investor