Audit Fees Continue to Rise
By: Agenda
March 30, 2020
Audit fees are on the rise for large companies, and have been for some time, according to data from public company intelligence provider MyLogIQ. Between 2012 and 2018, the latest year for which data is available, both Russell 3000 and S&P 500 companies experienced a 24% increase in average audit fees. While inflation has occurred over this time, the increase in audit fees has much more to do with other factors, according to a survey by the Financial Education and Research Foundation.
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