Cost of Audits
All businesses are interested in understanding the likely cost of independent, third party audits, in order to assist their internal planning and their assessment of the value of RJC Certification.
Because the cost of audits against the RJC’s standards will depend on a number of factors, including the size of the business, the types of risks, and the areas of operation (and thus potential travel costs for auditors), it is difficult to provide a price estimate.
Typically, approximate daily fees for an individual auditor can range from £500 to over £1000 (with currencies depending on the countries of operation). Note this indicative cost is provided for general information and should not be relied on, as the price of an audit is a matter negotiated between the auditor and client.
RJC does provide general guidance on the time on site for audits, depending on the nature, scale and impact of the business, in the RJC Assessment Manual (see pages 41-43). This in combination with an understanding of typical daily costs gives a general indication of audit costs.
The final price of an RJC Verification Assessment will depend on a range of variables such as the timing of the audit, the complexity of the task, the size and nature of the Member’s operations and the physical location of the Member’s facilities. Members are encouraged to contact auditors directly and seek quotes in order to better understand the likely costs.
Using a business’ financial auditor
Accredited Auditors and Members are reminded that the engagement of an RJC Accredited Auditor that is also a Member’s financial auditor may be subject to restrictions in accordance with legislation in the US and other jurisdictions.
Accredited Auditors must identify and report to RJC any independence-related risks, or conflict of interest matters (perceived or actual) that may prevent them from operating in accordance with the requirements for RJC Certification prior to the commencement of a verification assessment.