I have a client who wants me to bascially complete an unofficial audit of her company's books for years 1997-current. She requested an estimate of the cost. Since it is going to be quite tedious and involved I really am having a hard time calculating the fee - whether to charge per hour or one flat fee. Any accountants or enrolled agents out there have any suggestions? Thanks

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Originally Posted by purpletaxgal

I have a client who wants me to bascially complete an unofficial audit of her company's books for years 1997-current. She requested an estimate of the cost. Since it is going to be quite tedious and involved I really am having a hard time calculating the fee - whether to charge per hour or one flat fee. Any accountants or enrolled agents out there have any suggestions? Thanks

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Charge hourly fee, time is money, since you don't know the extent of the paperwork for the audit, bill your time hourly.

mr.yet

:-) How bad do you want to retain this client?
I agree with Mr. Yet!
However does your client want to spend what it will cost? Sounds like a lenghty job. If your doing that work, make sure it covers what you may be missing with another client.