Detail of Proposed Fees individual personalities or procedural activities. You will not find us applying a rote approach to working with your staff.
We meet with the appropriate staff people before the audit begins, not only to communicate specifically what we need and expect from them, but we also develop a coordination procedure that will involve the least impact on your daily operations.
Whatever it takes, we are committed to working with your staff as efficiently and productively as possible.
To perform the audit of the financial statements of PCC Farmland Trust for the year ending December 31, 2016 our proposed fee totals $ 14,000, plus incidental out-of-pocket expenses, as follows:
Personnel |
Hours |
Rate |
Fees |
Partner |
10 |
$ 190 |
$ 1,900 |
Manager / Senior |
48 |
$ 160- $ 125 |
$ 7,200 |
Staff |
37 |
$ 120- $ 105 |
$ 4,260 |
Support |
8 |
$ 80 |
$ 640 $ 14,000 |
The estimated fee for preparation of Federal Form 990, Return of Organization Exempt from Income Tax, for PCC Farmland Trust for the year ending December 31, 2016 is $ 2,350.
These estimated fees are based on:
• The size of PCC Farmland Trust and the complexity of its accounting system and funding sources.
• The assumption that all accounts are reconciled and accurately reflected.
• The assumption that internal controls have been documented and assessed.
• The anticipated cooperation of your staff.
• The assumption that unexpected circumstances will not be encountered.
Audit Timing
We understand your audit timeline and reporting expectation as outlined in the request for proposal. The audit is a partnership between your staff and the auditor, and meeting reporting deadline is a team effort. We will actively communicate progress and
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