Audit fees triple in 20 years

Audit fees triple in 20 years

At the same time, the number of companies reporting their audit fees has dropped roughly 20%, and more of today’s top stories.?

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Audit fees triple in 20 years

Despite a slight dip during the COVID pandemic, the average audit fees paid by SEC registrants have more than tripled over the course of the past 20 years, according to a new analysis.

In other news today:

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New research from Accounting Today offers a clear picture the evolution of client accounting/advisory services practices.

Ascend acquires offshore accounting services provider

The PE-backed platform for CPA firms has acquired India-based Sentient Solutions for Accounting.

FASB proposes income statement disclosure changes

The board proposed an ASU Monday to give investors more information about a company's expenses.

Crypto staking rewards go in gross income: IRS

Revenue Ruling 2023-14 clarifies the rules around what exactly counts as income for certain crypto activities.

EU climate rules align with ISSB and GRI standards

The European Commission adopted the European Sustainability Reporting Standards on Monday; they will take effect in 2024.

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