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.
To view the entire report, click http://daily.financialexecutives.org/talk-auditor-now-pay-later/