Respondent

Question

N

Yes

No

Other*

Decision

SMEs’ owner/manager

From a cost and profit perspective, do you think the benefits of SMEs’ audits outweigh the costs of auditing?

282

221

78.4%

59

20.9%

2

0.7%

Totally agree

Other*

1) In the case of stable supply and demand, the cost will be an additional loss.

2) It depends on several other factors, such as the geographical area.

Auditor

Do Mandatory audits for Egyptian SMEs positively impact SMEs’ audit market and reduce audit costs?

304

272

89.5%

31

10.2%

1

0.3%

Totally agree

Other*

1) It is possible.