The Audit Toolbar - return on investment calculator Introduction We have produced a detailed return on investment calculator to help your firm assess the financial implications of deploying The Audit Toolbar and what you can expect to achieve in time savings as well as how quickly you can expect to generate a direct return on your investment. Please answer all questions that require a time entry to be input in hours and multiples of 15 minutes. For example 30 minutes would be 0.5 hours and 15 minutes would be 0.25 hours If you are unsure on any specific data point, then take a very conservative and approximate guess and just to be safe, even understate the numbers!!!! We hope you will be impressed with the outcomes and if you want to chat further, or have any questions feel free to get in touch, by clicking here User Information Company Name * Contact Name * Email Address(s) * Questionnaire Select Currency: GBP USD ZAR Q1. How many people in your audit team? Q2. What is your average cost per hour for an audit team member? R Q3. What is your average charge out rate per hour for an audit team member? R Q4. How many audits do you undertake in a year? Q5. How many GLs do you work on in your average audit engagement? Q6. On average, how many hours does it take to clean up a General Ledger (GL)? Q7. In addition to GL’s, approximately how many other Excel based documents are provided to you typically in the course of an engagement? Q8. Typically how many samples do you draw per engagement? Q9. In hours, how long does an average sample take to extract? (Enter 0.25, 0.5, 0.75 if less than 1 hour) Q10. How many hours does it take you to conclude your journal entry testing? (Enter 0.25, 0.5, 0.75 if less than 1 hour) Q11. How much time in hours is lost (per engagement) finding correct versions of templates or re-doing work due to someone using an incorrect version? Q12. How much time in hours is spent (per engagement) setting up working papers, or clearing review notes due to inconsistent use of working papers ? The calculation result email has been sent to your inbox. please also check your spam folder. Previous Next Submit Reset
