Discussion Post Two – coursefighter.com

Discussion Post Two – coursefighter.com

Business Finance – coursefighter.com

A municipal village or a nonprofit organization solicits bids for the annual audit from local audit firms, and the firm with the lowest bid is selected.

Answer the following questions regarding the given scenario:

  • Is this the most prudent choice of auditor for the organization?
  • What should the managers take into consideration when attempting to identify a suitable audit firm?
  • Discuss whether or not the lowest bid is always the best option.