Talk to Your Auditor Now or Pay Later: FERF 2017 Audit Fee Survey Report

January 16, 2018      Featured in FEI Daily, Pelland, Auditor Fees

FERF 2017 Audit Fee Survey Report – A Financial Executives Research Foundation Report Written by Dave Pelland in Collaboration with MyLogIQ

By Dave Pelland January 16, 2018

Mergers and acquisitions, growing documentation requests from external auditors and new accounting standards are among the factors contributing to higher fees during the 2016 audit season.

Taking a broader look at public companies, an analysis of 2016 SEC filing data by data analysis provider MyLogIQ reveals a median audit fee increase of 2.6 percent among 6,394 registrants. This compares favorably with the 3.5 percent median increase reported for the 2015 audit season.

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