Join the waitlist

Audit Hours Budget by PhasePlanning, Fieldwork, Review and Reporting

Is the practice earning what it should for the hours it spends?

Split a total engagement hours budget across phases by percentage and check that the phases add to 100 percent.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
Percentages entered add to
100.00%
Phase percentages must add to 100%
Planning hours
120.0 hours
Fieldwork hours
440.0 hours
Drawn to one scale
Planning hours120.0 hours
Fieldwork hours440.0 hours
Review hours160.0 hours
Reporting hours80.0 hours
All results
MeasureResult
Planning hours120.0 hours
Fieldwork hours440.0 hours
Review hours160.0 hours
Reporting hours80.0 hours
Percentages entered add to
Adds to 100 percent
100.00%
How this was worked out
Work shownrecomputed as you type
Phase hours = total hours x phase %
Check: the four percentages add to 100

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Phase hours = total hours x phase %
  • Check: the four percentages add to 100

How it works

The split is your own methodology. Take the percentages from comparable past engagements, enter them, and the tool checks that they add to 100.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Does a standard prescribe the split?

No. Phase proportions are the firm's budgeting choice.

Can I add phases?

Fold extra phases, such as completion procedures, into the nearest of the four.

Formulas on this page are the standard definitions.

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

Related audit calculators

CalculatorBudget to Actual Hours Variance and Estimate at CompletionHours variance, earned hours, efficiency and the projected hours at completion from percent complete.CalculatorEffective Billing Rate Calculator: Fees Collected per HourEffective rate from fees collected and hours charged, compared with the standard rate.CalculatorBilling Rate from Cost Calculator: Loaded Cost, Margin and MultiplierLoaded cost per chargeable hour, the rate for a target margin and the multiplier on salary cost per hour.
For US CPA firms

Join the CORAA waitlist

CORAA AI drafts audit working papers from your client’s QuickBooks books and does the first pass: lead schedules, tie-out, memos, draft notes and letters. CORAA Network reviewers clear every finding. Your firm reviews and signs.

  • First audit free, so you can judge the quality on a real file
  • Flat fee by entity size; messy books included
  • We work only with CPA firms, never their clients
See how it works →

* required