CORAA
ലൈവ് ഡെമോ ബുക്ക് ചെയ്യുകസൗജന്യ ട്രയൽ ആരംഭിക്കുക
CORAA University · ടൂൾ· विद्यालय

എൻഗേജ്മെന്റിന് വില നിശ്ചയിക്കുക, ആ കണക്ക് ന്യായീകരിക്കുക.

ക്ലയന്റ് പ്രൊഫൈൽ, സങ്കീർണ്ണത, ഓഡിറ്റ് സമീപനം എന്നിവയെ അടിസ്ഥാനമാക്കി എൻഗേജ്മെന്റ് ഫീസ് കണക്കാക്കുക — സുതാര്യമായ വിഭജനവും സ്റ്റാഫിംഗ് മണിക്കൂറുകളും സഹിതം.

എൻഗേജ്മെന്റ് വിശദാംശങ്ങൾ
എൻഗേജ്മെന്റ് തരം
കമ്പനി തരം
വാർഷിക ടേൺഓവർRs 13.1 Cr
Rs 25 LRs 5,000 Cr
വ്യവസായം
ലിസ്റ്റഡ് കമ്പനി
ബ്രാഞ്ചുകൾ / ലൊക്കേഷനുകൾ
അക്കൗണ്ടിംഗ് സോഫ്റ്റ്‌വെയർ
സങ്കീർണ്ണത ഘടകങ്ങൾ
ഇടപാടുകളുടെ വോളിയം3/5
Lowവളരെ ഉയർന്നത്
റെഗുലേറ്ററി സങ്കീർണ്ണത2/5
Lowവളരെ ഉയർന്നത്
ബന്ധപ്പെട്ട കക്ഷി ഇടപാടുകൾ2/5
Noneവിപുലമായത്
അന്താരാഷ്ട്ര പ്രവർത്തനങ്ങൾ2/5
Noneസിഗ്നിഫിക്കന്റ്
മുൻവർഷ ക്വാളിഫിക്കേഷനുകൾ / പ്രശ്നങ്ങൾ2/5
Noneഒന്നിലധികം
ഗ്രൂപ്പ് ഓഡിറ്റ് ആവശ്യകത
ഓഡിറ്റ് സമീപനം
കണക്കാക്കിയ ഫീ പരിധി
Rs 2.00 L – 5.00 L
കണക്കാക്കിയ മണിക്കൂറുകൾ
67 – 333
@ Rs 1,500-3,000/hr
സ്റ്റാഫിംഗ് നിർദ്ദേശം
13
Partner hrs
26
Manager hrs
45
Senior hrs
28
Junior hrs
മാർക്കറ്റ് താരതമ്യം
നിങ്ങളുടെ കണക്ക് · Rs 2.23 L41%
മാർക്കറ്റ് ശരാശരി · Rs 3.85 L100%
സൂചകമായ കണക്ക്. യഥാർത്ഥ ഫീസ് എൻഗേജ്മെന്റ്-നിർദ്ദിഷ്ട സാഹചര്യങ്ങളെയും പ്രൊഫഷണൽ വിലയിരുത്തലിനെയും ആശ്രയിച്ചിരിക്കുന്നു.
കൂടുതൽ മാർജിൻ, അതേ സ്കോപ്പ്

ഭാരമേറിയ ജോലി AI കൈകാര്യം ചെയ്യാൻ വേണോ - മത്സരാത്മക ഫീസ്, ആരോഗ്യകരമായ മാർജിൻ.

Coraa മണിക്കൂറുകൾ കുറയ്ക്കുന്നു, അതിനാൽ എൻഗേജ്മെന്റ് ഇപ്പോഴും ലാഭം നൽകുന്നു. അതേ ഓഡിറ്റ്, കുറഞ്ഞ മാനുവൽ ജോലി.

Next

വില നിശ്ചയിച്ച ശേഷം, മണിക്കൂറുകൾ കണക്കാക്കുക.

സൗജന്യ ട്രയൽ ആരംഭിക്കുകസമയ എസ്റ്റിമേറ്റർ പരീക്ഷിക്കുക

How statutory audit fees are estimated

In India, statutory audit fees are not regulated by ICAI minimum scales — those were abolished after the 2008 deregulation. Fees are negotiated commercially between the company and the auditor, subject to disclosure under Section 197(12) of the Companies Act 2013 (in the Board's Report) and Section 142 (ratification by shareholders). The shareholders' resolution at appointment fixes the auditor's remuneration or authorises the Board to fix it.

Fee benchmarks vary widely. For a private limited company with turnover up to ₹10 cr, statutory audit fee typically falls between ₹40,000 and ₹1.5 lakh. For listed entities, fees scale with complexity, group structure, regulatory burden (SEBI LODR, IFC, Ind AS), and the firm tier (Big 4 vs mid-tier vs local). ICAI in its Cost of Audit publication and Guidance Note on Audit Quality Maturity Model (AQMM) emphasises that fee should not compromise quality and recommends quoting based on estimated hours × charge-out rate.

Apart from statutory audit, separate engagements (tax audit under Section 44AB, GST audit, internal audit, transfer pricing) attract separate fees and are disclosed separately in the audit fee note. ICAI Code of Ethics Volume I prohibits contingent fees for statutory audits — fees cannot be linked to audit findings or outcomes.

Worked example — mid-sized manufacturing company

An unlisted private company with turnover ₹250 cr, employee strength 300, single location, Ind AS framework, 4 subsidiaries. First-year audit by a mid-tier firm.

Inputs
Turnover₹250 Cr
FrameworkInd AS
Subsidiaries4
Engagement complexityModerate-high
First-year premium+15%
Output
Estimated standalone fee₹6 L – ₹9 L
Consolidation fee₹2 L – ₹3 L
First-year adjustment+₹1.2 L – ₹1.8 L
Total audit fee range₹9.2 L – ₹13.8 L
Out-of-pocket expensesAt actuals
Mid-tier firms typically quote ₹2,000-5,000 per hour for senior staff (manager / partner). The estimate above assumes ~400-600 hours of partner + manager + staff time for a moderately complex Ind AS audit with 4 subsidiaries. First-year premium covers opening-balance work under SA 510 and initial knowledge-of-business build-up.

Common mistakes

Quoting on volume metrics only
Fee based purely on turnover or transaction count misses complexity drivers — multiple locations, related party transactions, foreign operations, regulatory complexity (NBFC / listed / sectoral), pending litigation, restatements. A focused complexity scorecard yields a more defensible quote.
Ignoring the Companies (Audit and Auditors) Rules 2014 disclosure
Rule 4 requires auditor fee disclosure split between statutory audit, taxation matters, other services, and reimbursement of expenses. Non-statutory services should be tested against Section 144 prohibitions before quoting.
Pricing below cost to win
NFRA enforcement actions have noted that fee compression correlates with audit quality issues. Pricing below the hours required for a quality audit is a regulatory and reputational risk — and may attract NFRA / ICAI scrutiny.
Forgetting the SA 220 / SQM 1 cost
Engagement quality control (SA 220) and the firm's system of quality management (SQM 1) — independent review, hot review, cold review — add real cost. These costs scale with complexity and should be priced in, not subsidised across engagements.

Frequently asked questions

Is there a minimum audit fee prescribed by ICAI?+
No — the minimum statutory audit fee scales were abolished in 2008. Fees are now commercial. However, ICAI Guidelines (Code of Ethics, Quality Maturity Model) emphasise that fees should not be so low as to impair quality. NFRA has taken enforcement action where fee compression appeared to correlate with audit failures.
How is the audit fee approved?+
Section 142(1) — the remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein. In practice, the shareholders pass a resolution authorising the Board to fix the remuneration. The auditor's engagement letter under SA 210 records the agreed fee.
Can audit fees be on a contingent basis?+
No. ICAI Code of Ethics — for assurance engagements (including statutory audit), contingent fees are prohibited. Fees may be agreed as a fixed amount or based on time spent at agreed hourly rates, but cannot be linked to specific audit outcomes or findings.
What about non-audit services?+
Section 144 prohibits the statutory auditor from rendering specified services to the client: accounting, internal audit, design / implementation of financial information systems, actuarial services, investment advisory, investment banking, rendering of outsourced financial services, management services. Other services may be rendered subject to Audit Committee approval and disclosure.
How are audit fees disclosed in financial statements?+
Schedule III and Rule 4 of Companies (Audit and Auditors) Rules 2014 require disclosure split between: (a) audit fees, (b) tax matters, (c) other services, (d) reimbursement of expenses. The disclosure is for the year (paid + payable). Comparative numbers must be shown.
Is the auditor's remuneration deductible under Income Tax?+
Yes — fees paid to the statutory auditor in the course of business are allowable as business expenditure under Section 37(1) of the Income Tax Act 1961, subject to TDS under Section 194J (10% on professional fees) if applicable.
What is the typical fee for a tax audit under Section 44AB?+
Tax audit fees are usually a separate engagement from statutory audit and typically range from ₹15,000-50,000 for smaller entities (turnover up to ₹5 cr), and ₹1-3 lakh for entities with turnover above ₹50 cr. Larger and more complex entities can attract substantially higher fees. ICAI does not prescribe minimum tax audit fees either.
How should I budget for a first-year audit?+
First-year audits typically attract a 10-25% premium over steady-state fees. This covers opening-balance work under SA 510 (review of prior auditor's work, additional testing of opening balances), knowledge-of-business build-up, system walkthrough, and meeting incoming-auditor responsibilities under SA 510. Document the basis with the audit committee.

Authoritative sources

Section 142 + Rule 4 — Companies (Audit and Auditors) Rules 2014 — Read alongside ICAI Code of Ethics Volume I (Part A — Independence) and ICAI Guidance Note on Audit Quality Maturity Model (AQMM).
Always confirm against the latest version of the source. Regulations evolve and amendments are common.
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Last reviewed: 2026-05-28 · For informational purposes only — not professional advice.