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Peer Request: Rebidding External Audit

Peer Request The IIA Mar 25, 2022

Some organizations keep the same external audit provider for decades, while others rebid every three years. It’s a balancing act between the benefit and convenience of a long-term relationship and the need for fresh perspectives and competitive pricing. This Peer Request explores how CAEs approach rebidding for external audit services.

The IIA

The Institute of Internal Auditors