Document background
An Audit Proposal is a critical document used when an audit firm presents its services, methodology, and terms to a potential client in Denmark. The document is typically required when companies need to appoint new auditors, change existing auditors, or during tender processes for audit services. It must comply with Danish audit regulations, including the Revisorloven and EU audit requirements, while addressing specific industry needs and reporting requirements set by the Danish Business Authority. The proposal includes comprehensive information about the audit approach, team structure, timelines, fees, and specific considerations for the client's industry and size. This document serves as the foundation for establishing a professional service relationship and, when accepted, becomes the basis for the audit engagement letter.
