Qualifications and Credentials

• Verify certifications (CPA, CA, etc.)
• Check for relevant experience in your industry.

Reputation and References

• Seek reviews from past clients.
• Ask for references and follow up on them.

Experience with Your Size of Business

• Ensure they have experience with companies of your scale (small, medium, large).

Understanding of Regulatory Requirements

• Confirm their familiarity with applicable laws and regulations.

Audit Approach and Methodology

• Discuss their audit process and technology use.
• Ensure they have a systematic and thorough approach.

Communication Skills

• Assess their ability to explain complex issues clearly.
• Ensure they provide timely updates and reports.

Timeliness

• Inquire about their ability to meet deadlines effectively.

Cost Structure

• Understand their fee structure (fixed, hourly, or contingency).
• Check for any hidden costs.

Independence and Objectivity

• Ensure they have no conflicts of interest with your organization.

Availability for Consultation

• Confirm their willingness to answer questions throughout the year, not just during audits.

Technology Use

• Assess their use of audit software and tools for efficiency.

Post-Audit Support

• Inquire about their availability for follow-up questions or support after the audit.

Cultural Fit

• Ensure alignment in values and working style with your team.

Ongoing Training and Development

• Check if they invest in their team's continuous education to stay updated on trends.

Potential for Long-Term Partnership

• Consider if they will be a good fit for your future needs, not just the current audit.