Financial Director 2005 Audit Fees Survey
Full details of our ninth annual audit fees survey show a 15% increase in FTSE-100 audit fees to £3.26m. But the average audit sign-off time also rose by one day to 60 days from year-end
Companies are paying more than ever for their audits, as the Financial
Director ninth Audit Fees survey shows. A 15% year-on-year rise in audit
fees mean that audit earnings from the FTE-100 for the Big Four accountancy
firms reached £326m.
But the full research, which was possible thanks to data provided by ICC
Information, reveals much more about trends in the UK audit sector.
To see all the graphics and data click
here
.
For more on the ninth Financial Director FTSE350 Annual Audit Fees Survey,
check out these links:
News: Firms bank 15% audit fee increase
Analysis: Less is more for auditors, survey
finds
Comment: A high price to pay for
regulation?
Last
years’ FTSE350 audit fees survey