the whats and whys of audit fee trends

refinements to certain guidance increased the workload, putting upward pressure on fees.

by 卡塔尔世界杯常规比赛时间 research

audit fees have been rising steadily, if slowly, since 2018. but the first post-covid-19 audit fee reports show paradoxical records, according to a new study.

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in 2022, average audit fees increased 11 percent over 2021, reaching an all-time high of $2.24 million per securities and exchange registrant.

at the same time, however, fees per million dollars of client revenue have hit a nine-year low, according to a study from audit analytics, “20-year review of audit fee trends – 2003-2022.”

what’s going on … and why? well, it’s complicated.