Business Decision

 

You received proposal from audit compony to perform the audit for your company with two options with different pricings. You have to decided which offer is
better for the compony and why? Also, why you didn’t chose the other option?

 

 

Sample Solution

When faced with two offers from an audit company, it is important to analyze both carefully in order to determine which offer is the best for the company. Factors such as cost and quality of service should be taken into account when making this decision. It is also beneficial if the auditor has relevant specialized experience or knowledge that can benefit the company’s audit.

The first option should be evaluated based on its price and whether it provides value for money. This may involve comparing it with other firms’ quotes or assessing any additional services included in the package such as data analysis or tax advice (Garland 2020). In addition, it is important to consider how long the contract will last and what kind of support you are likely to receive throughout this time.

The second option should be assessed by considering its overall quality of service. This includes looking at factors such as the credentials of their staff members; their level of technical expertise; their ability to provide accurate and timely information; as well as their experience working on similar audits within your industry (Lange et al., 2014). Additionally, it might help to read reviews left by previous clients so that you can make an informed decision based on real-world feedback.

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