Audit Fees Stall at 2% Annual Increase

Clients report little change to their external audit fees in 2010.

Publicly held companies surveyed this year paid on average $3.3 million in total audit fees for fiscal year 2010, which represented an increase of 2% from the audit fees that these same respondents paid for the prior fiscal year audit, according to the Financial Executives Research Foundation, an affiliate of Financial Executives International.

Posted on June 13, 2011