For many businesses, there is a need for different kinds of quotations in order to meet current needs. For example, if you had to audit another firm, then your quotation format would have to be one that corresponds to the fact that you are performing an audit.
With that in mind, you would always have to create a quotation that suits your current needs. Of course, there are different quotation templates that can help you. These different templates are suited for particular needs, so you should be able to find whatever template you need for a given profession whenever you need one.
Basic Quotation Template
Internal Audit Quotation
Quotation for Auditing Service
Stationary Source Audit
Quotation for Concurrent Auditor
How to Write an Audit Quotation
When using a quotation template to make your audit quotations, you should take certain steps in order to make your quotation properly.
- First arrange the quotation proper in table form so as have an orderly means of arranging your data.
- Have a row for each service of the audit you expect to perform, along with a column to place the cost of that service.
- Also include your hourly rate, and how many hours you expect the audit will take so that you can charge that properly.
- Include space for any miscellaneous costs that may emerge in the course of the audit.
- Have space to tally all the costs.
Guidelines for Audit Quotations
Using quote sheet templates and other tools like them may also need certain guidelines to help you use them most effectively, which can include:
- Be complete. It is important that the quotation have all the necessary information in order to do its job properly, such as all the different categories for the table.
- Double check your costs. When you tabulate the predicted costs of the audit, it is important that you double-check to ensure accuracy.
- Make sure to have identifiers. This includes the date, recipient, reference number, etc. so as to make record-keeping and reference much easier.
Audit Quotation Request
Terms and Conditions for Audit Quotation
Document templates, such as price quote templates, generally have some terms and conditions regulating their use. They may not be stated outright, but at the very least, these terms and conditions are generally implied.
- Business contract. The fact that a firm makes a request for an audit could be taken as an intention to engage in business, albeit at a later date.
- Expiry date. Most examples of quotations come with an expiry date for clients to follow through with the actual work. If they do not confirm, then the auditor will assume that the client is not pushing through with the audit.
- Agreed services. The only services an auditor is required to do are those stipulated prior to the quotation. As such, the quotation includes only the duties the auditor is expected to carry out if the client should push through.
- Confidentiality. Confidentiality is an important aspect of many businesses that deal with sensitive information for their clients. Implicitly, auditors are generally expected to keep whatever they discover confidential, within reason, at least.
With this information, you should have a better idea of how to make your own auditor quotations if necessary.