When considering the concentration of the audit market – that is, how competitive the market is between audit firms – there is more than one way to measure control of the market beyond the number of clients an audit firm … Continue reading
Category Archives: Audit Fees
Auditor Changes and Audit Fees in Italy
Eleven out of the 100 companies listed on the FTSE MIB and the FTSE Italia Midcap changed their auditors from 2016 to 2017, and seven of those companies saw their audit fees decrease. The transposition of the European Audit Reform … Continue reading
Audit Analytics for E&O Insurers
McGowanPRO is a family-owned industry leader for specialized Professional Liability Insurance. Gary Sutherland, founder of NAPLIA (which was recently acquired by McGowanPRO) and one of Audit Analytics’ first clients, has been using Audit Analytics for close to fifteen years. Gary … Continue reading
Year-End European Audit Fees Starting to Roll In
December 31, 2018 year-end annual reports are starting to roll in, and with them our European research team is hard at work extracting audit fee and other audit-related data from them. As of February 18, we have audit fee disclosures … Continue reading
Sixteen Year Review of Audit Fee and Non-Audit Fee Trends
Audit Analytics has released its annual audit fees report, Sixteen Year Review of Audit Fee and Non-Audit Fee Trends, which focuses on the audit and non-audit fees paid and disclosed by accelerated and large accelerated filers over a sixteen-year period. … Continue reading
Implications of the CMA’s Call for a Joint Audit among the FTSE 350
Last week, the Competition and Markets Authority (UK) released an update paper regarding its study of the audit market in the United Kingdom. In the paper, the CMA made a number of striking proposals that, if implemented, would lead to … Continue reading
Auditor Changes and Audit Fees in Poland
A third of large- and mid- cap Polish companies changed their audit firm from 2016 to 2017, and most of those that did saw their audit fees increase significantly. The European Union passed regulation that requires companies to put their … Continue reading