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Survey: Public and Private Company Audit Fees Went Up in ...

A new survey released on Thursday by the Financial Executives Research Foundation (FERF) found that public companies paid an average of $7.1 million in audit fees last year, an increase of 4.5 percent over audit fees paid in 2012, while private company audit fees averaged $174,858 in 2013, which is 3.7 percent higher than the previous year.…

Audit fees level off in 2018, study shows Article ...

The study also examines non-audit fees paid over time, as a way to evaluate how firms are complying with auditor independence requirements relating to the provision of non-audit services to their public company clients. In 2018, non-audit fees totaled 19.9 percent of the total fees paid to auditors, which was the second-lowest amount during the ...…

Fortune 100 Audit Fees – 2014 Big4 Auditor Carousel

Nov 04, 2015 · Back for a third year of audit fee data. I've pulled together information on fees paid by the 100 largest of the Fortune 500 companies (“Fortune 100”). I’m presenting it two ways; Sorted by Fortune 100 ranking (see table below) Sorted by audit fees (see here). Here’s the executive summary: Audit fees vary widely, ranging……

sponsored by Workiva AUDIT FEE REPORT

Audit Fees for 2014 Audit fees paid by the 7,071 unique filers for 2014 averaged $1.5 million and had a median of $402,812. Based on amounts reported by this population of filers, their total average percentage increase in audit fees was 30.9 percent with a median percentage change of 3.4 percent.…

Accounting For Audit Fees - Proformative

Aug 12, 2014 · The audit fee expense was incurred in the period subsequent to year end. Therefore, it is properly recorded as an expense in the subsequent period. However, fees incurred in connection with planning the audit, together with preliminary procedures (for example, confirmation work) would be accruable for the year under audit.…