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Dangers of choosing lowest bidder vs. quality Auditor

Oct 18 2015
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Dangers of choosing lowest bidder vs. quality Auditor

The director of a free medical clinic in Columbia, SC, said the first 3 months’ revenue is allocated to his financial audit expense.  That is 25% of a nonprofit's shoe-string budget just to open the doors.  The scenario highlights the perils of making a wrong auditing decision, as most small-to medium-sized companies cannot afford to duplicate the expense.

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Dangers of choosing lowest bidder vs. quality Auditor
10/18/2015 10:08 PM | Audit Proposal