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The purpose of the following table is to give an audit fee indication. Please note that the audit fee indication does not include assistance with drafting financial reports or preparing accounting schedules or reconciliations. It is also important to note that these indicative prices are for financial statements and accounting systems that are:
Applying generally accepted accounting practice. |
Are using a computer system for accounting |
Have completed bank and GST reconciliations |
There are minutes of a monthly governance meetings |
Have completed schedules of assets, debtors, creditors and loans |
Have prepared a statement of Accounting Policies and notes to the accounts. |
|
SMALL |
MEDIUM |
LARGE |
| EMPLOYEES [FTE] |
< 2 |
3 – 10 |
>11 |
| INCOME |
$100,000 |
$100,000 - $500,000 |
> $500,000 |
| ASSETS |
<$50,000 |
$50,000 - $500,000 |
>$500,000 |
| LOANS |
NIL |
1 |
>1 |
| Clubs with a bar – no Gaming |
$990 |
$1,000 - 3,500 |
> $4,000 |
| Clubs with a Bar & Gaming |
$1,250 |
$1,500 - 4,000 |
> $5,000 |
| Society / Church |
$650 |
$700 - $3,000 |
> $3,500 |
| PTE – with Financial Viability |
$800 |
$900 - $4,000 |
> $5,000 |
| Kindy’s |
$750 |
$800 - $2,000 |
|
| Playcentre’s |
$450 |
|
|
| Trust |
$700 |
$750 - $2,500 |
> $2,600 |
We would appreciate the opportunity to quote for your audit requirements and request that you provide more details of your organization in the Request for a Quote.
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