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How long does an audit take?

April 26, 2017audit

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How long does an audit take?

4 Answers

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Audits may last several days or several months and will vary in length depending on an area’s size, complexity, and the specific audit objectives. Not all the time devoted to the audit will be evident to you because of the amount of preparation, analysis, and related work needed to document the effort. The availability of audit documentation and the responsiveness of your department to audit requests and questions also affect the time required to complete an audit.

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Audits can take from several days to several months depending on the type and complexity of the audit.

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We budget between 200 and 600 hours for a typical audit, depending on the size and complexity of the area. We normally have one auditor leading the audit, and auditors will sometimes have more than one audit in process at a time, so an audit could take from two months to six months to complete.

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Once Audit-Tel Recovery Inc understands your individual needs, a project plan outlining our services is generated to estimate the time required to complete the project. During this audit, a project manager is assigned to facilitate meeting the objectives set forth in each statement of work.