Quotation Estimate Auditor in Qatar Doha –Free Word Template Download with AI

Prepared By:
Al Rayyan Audit & Advisory LLC
Office 12, Level 5, Doha Financial Centre
P.O. Box 4521, Doha, Qatar
Tel: +974-4455-6677
Email: [email protected] Quotation Estimate Date: 15 June 2025
Valid Until: 15 July 2025
Prepared For:
Al Noor Trading & Contracting WLL
Industrial Area, Doha, Qatar
CR No: 1023456

This Quotation Estimate is issued by Al Rayyan Audit & Advisory LLC to provide a comprehensive and transparent breakdown of professional fees for the engagement of a certified Auditor to conduct a full-scope financial audit of Al Noor Trading & Contracting WLL, a registered entity operating in Qatar Doha. This document serves as a formal Quotation Estimate outlining the scope of work, deliverables, timelines, and associated costs for the Auditor engagement. All pricing is quoted in Qatari Riyals (QAR) and reflects current market rates applicable to professional Auditor services in Qatar Doha.

The Auditor engagement, as detailed in this Quotation Estimate, encompasses the following professional services to be delivered in Qatar Doha:

#	Service Description	Duration	Personnel	Fee (QAR)
1	Planning & Risk Assessment — The Auditor will conduct an initial assessment of the client's financial structure, internal controls, and risk profile specific to operations in Qatar Doha.	5 working days	Senior Auditor	18,500
2	Financial Statement Audit — Full examination of the balance sheet, income statement, cash flow statement, and notes to accounts in compliance with IFRS and Qatar Central Bank regulations.	20 working days	Auditor + 2 Associates	62,000
3	Internal Controls Review — The Auditor will evaluate the adequacy and effectiveness of internal control systems, providing recommendations tailored to the Qatar Doha regulatory environment.	10 working days	Senior Auditor	24,000
4	Compliance & Regulatory Audit — Verification of adherence to Qatar Commercial Companies Law, tax obligations, and sector-specific regulations applicable in Qatar Doha.	8 working days	Compliance Auditor	19,500
5	Management Letter & Final Report — The Auditor will prepare a comprehensive audit report, management letter, and opinion letter to be submitted to the client's board and relevant Qatar Doha authorities.	7 working days	Engagement Partner	16,000
6	Post-Audit Advisory & Follow-Up — A 30-day post-engagement period during which the Auditor remains available to address queries and support implementation of recommendations in Qatar Doha.	30 calendar days	Senior Auditor	8,000
Total Professional Fees (QAR)				148,000
VAT (5% — Qatar Standard Rate)				7,400
Grand Total (QAR)				155,400

The Auditor assigned to this engagement holds a Chartered Accountant (CA) designation, is registered with the Qatar Institute of Chartered Accountants (QICA), and possesses over fifteen years of experience conducting audits for entities operating in Qatar Doha. The Auditor team is fully versed in International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and the specific regulatory requirements imposed by the Qatar Financial Centre Authority (QFCA) and the Ministry of Commerce and Industry in Qatar Doha.

This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. Beyond this period, the Auditor reserves the right to revise fees to reflect any changes in market conditions in Qatar Doha.
Payment terms: 40% advance upon acceptance of this Quotation Estimate, 40% upon completion of fieldwork, and 20% upon delivery of the final Auditor report.
All payments are to be made in Qatari Riyals (QAR) via bank transfer to the account of Al Rayyan Audit & Advisory LLC, Doha, Qatar.
The Auditor shall maintain strict confidentiality regarding all financial information, trade secrets, and proprietary data of the client, in accordance with Qatar's data protection and professional secrecy laws.
Any additional services requested beyond the scope defined in this Quotation Estimate shall be subject to a separate written amendment and additional fees as agreed by both parties.
The Auditor shall complete all fieldwork and deliver the final report within forty-five (45) working days from the date of engagement commencement in Qatar Doha.
This Quotation Estimate is governed by the laws of the State of Qatar. Any disputes arising from this engagement shall be resolved through the competent courts in Qatar Doha.
The client agrees to provide timely access to all books, records, systems, and personnel necessary for the Auditor to perform the engagement effectively.

By signing below, the client acknowledges and accepts this Quotation Estimate for Auditor services in Qatar Doha and agrees to all terms and conditions outlined herein.

For: Al Noor Trading & Contracting WLL
Name / Title / Signature / Date For: Al Rayyan Audit & Advisory LLC
Name / Title / Signature / Date ⬇️ Download as DOCX Edit online as DOCX

Create your own Word template with our GoGPT AI prompt:

GoGPT