Quotation Estimate Auditor in Colombia Bogotá –Free Word Template Download with AI

Quotation Estimate No.:	QTE-BOG-2025-04871	Date of Issue:	June 12, 2025
Validity Period:	30 calendar days from date of issue	Currency:	COP (Colombian Peso)
Client Name:	[Client Legal Name] — NIT: [Client NIT Number]
Client Address:	[Street, Neighborhood], Bogotá D.C., Cundinamarca, Colombia
Project Location:	Bogotá D.C., Colombia — On-site and remote engagement

1. SCOPE OF AUDITOR SERVICES

This Quotation Estimate is issued by Andina Audit & Compliance Group S.A.S. to provide a comprehensive engagement of professional Auditor services tailored to the regulatory and operational requirements of businesses operating in Colombia, specifically within the city of Bogotá D.C. The Auditor engagement encompasses financial statement auditing, internal control assessment, tax compliance verification, and regulatory reporting in accordance with the Colombian Commercial Code, the regulations of the Superintendencia de Sociedades, the DIAN (Dirección de Impuestos y Aduanas Nacionales), and International Financial Reporting Standards (IFRS) as adopted in Colombia.

The Auditor team assigned to this engagement will be composed of certified public accountants (Contadores Públicos) registered with the Junta Central de Contadores of Colombia, with a minimum of ten (10) years of combined experience in auditing entities within the Bogotá metropolitan area. All fieldwork will be conducted at the client's premises in Bogotá D.C. and at our firm's offices in the Zona Rosa district, ensuring full compliance with the geographic and jurisdictional requirements of Colombian auditing standards.

2. LINE ITEMS & PRICING

#	Description of Auditor Service	Quantity	Unit (hrs/days)	Unit Rate (COP)	Subtotal (COP)
1	Planning and risk assessment phase for the annual financial audit of the entity operating in Bogotá D.C., including materiality determination and audit program design.	1	Engagement	12,500,000	12,500,000
2	Fieldwork: substantive testing of financial records, physical inventory verification at client warehouse in Bogotá, confirmation of receivables and payables, and cash reconciliation.	45	Hours	380,000	17,100,000
3	Internal control evaluation and SOX-equivalent compliance review aligned with Colombian corporate governance standards (Ley 1755 de 2015).	1	Engagement	8,900,000	8,900,000
4	Tax compliance audit: verification of VAT (IVA), income tax (Renta), and withholding tax filings with DIAN for the fiscal year, conducted in Bogotá D.C.	20	Hours	350,000	7,000,000
5	Preparation of the Auditor's report, management letter, and regulatory filings for submission to the Superintendencia de Sociedades and the Cámara de Comercio de Bogotá.	1	Engagement	6,750,000	6,750,000
6	Follow-up meeting and presentation of findings to the Board of Directors and Audit Committee in Bogotá D.C., including remediation roadmap.	1	Session	2,200,000	2,200,000

Subtotal (COP):	54,450,000
VAT (IVA) 19%:	10,345,500
GRAND TOTAL (COP):	64,795,500

3. TERMS AND CONDITIONS

This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. After this period, pricing may be adjusted to reflect changes in the Colombian Consumer Price Index (IPC) published by DANE.
Payment terms: 40% upon execution of the professional services contract, 40% upon completion of fieldwork in Bogotá D.C., and 20% upon delivery of the final Auditor's report. Payments shall be made via bank transfer to the firm's account at Banco de Bogotá, NIT 901.234.567-8.
All Auditor services will be performed in strict compliance with the Colombian Code of Professional Ethics for Accountants, the standards of the Junta Central de Contadores, and applicable IFRS as adopted by the Consejo Nacional de Valorización.
The Auditor engagement is subject to a non-disclosure agreement (NDA) and a data protection clause in accordance with Ley 1581 de 2012 (Colombian Data Protection Law). All client data processed in Bogotá D.C. will be stored on servers located within Colombian territory.
Travel and lodging expenses for Auditor team members traveling to client sites outside the central Bogotá D.C. zone (e.g., Chía, Soacha, Funza) will be billed at cost with supporting documentation.
This Quotation Estimate does not constitute a binding contract. A formal professional services agreement must be executed by both parties before any Auditor work commences.
Any additional services beyond the scope described herein will require a written amendment to this Quotation Estimate, signed by both parties.
The firm reserves the right to withdraw from the engagement if the client fails to provide timely access to records, personnel, or facilities in Bogotá D.C. as required by the audit plan.

4. ASSUMPTIONS AND EXCLUSIONS

This Quotation Estimate assumes that the client's accounting records are maintained in accordance with Colombian GAAP (NIIF) and that all necessary documentation is available at the client's offices in Bogotá D.C. This engagement does not include forensic accounting, litigation support, or services related to entities registered in jurisdictions outside of Colombia. The Auditor will not provide legal advice; for matters of legal interpretation, the client is advised to consult with a licensed Colombian attorney.

Prepared by:
Carlos Andrés Restrepo M.
Senior Auditor & Engagement Partner
Andina Audit & Compliance Group S.A.S.
Bogotá D.C., Colombia Accepted by (Client):
[Authorized Representative Name]
[Title / Position]
[Client Company Name]
Bogotá D.C., Colombia ⬇️ Download as DOCX Edit online as DOCX

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