(1)What to Do After Receiving Multiple Audit Firm Offers, (2)How to Choose the Right Audit Firm from Multiple Offers, (3)Questions to Ask When Evaluating Audit Firm Proposals, (4)Selecting the Best Audit Firm | Key Questions to Consider, (5)Steps to Take A
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I have received an offer from 5 firms. What to do next?

Too many offers to choose from? Then you should...

  • 15 July 2021
  • Author: FinHub
  • Number of views: 2067
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I have received an offer from 5 firms. What to do next?

I have received an offer from 5 firms. What to do next? 

You have received 5 offers from audit and assurance firms within your specified criteria! That is great. Have a chat with the engagement partner and get a feel of the firm. You may even consider visiting them to assess their culture and if it meets yours .

 

Here are some questions you should ask them? 

  • Whether they have similar clients to yours 

  • What are the issues they commonly face with clients like yours 

  • Who will be the responsible engagement partner and you would like to speak with him / her, if applicable 

  • What other types of clients similar to yours the firm has 

  • How do they add value to their clients and what your expectations be 

  • Specify verbally as well what is included in the offer 

  • How will his firm ensure that you will not be missing any deadlines 

  • What other type of services they offer or ask about additional services of interest to you 

  • How frequent your communication will be and whether it will be via phone or email etc so as to see if it suits you. 

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