Here are some things to consider when choosing the right auditor for your AFS:
Choose a reputable audit firm for your company. It is crucial to research the audit firm you are considering before hiring their services. Make sure to choose an accredited and licensed audit firm. You may also request references from their previous clients to help you learn about the key competencies of the audit firm.
Ensure that no conflict of interest may exist between the audit firm and your company before the audit process begins.
Make sure that you understand the audit expenses from your audit firm clearly and that you learn about its scope of work and limits before you let them start the audit work.