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Remember that material audit findings carry a fine of 700,000 LabRands.
There is a 50% chance of a material finding with no investment, if your firm is audited.
Investing 35,000 LabRands reduces the odds of a material audit failure to 40% this year
Investing 70,000 LabRands reduces this chance to 30% this year.
Investing 105,000 LabRands reduces this chance to 20% this year.
The amount invested in improving your audit process reduces the risk of a material audit finding, as detailed here. There is also a possibility that the regulator will levy a smaller fine even when there is no material audit failure. Improving your audit process will not mitigate this risk, however.
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