In a post from May, we provided an analysis of audit fees for Canadian companies whose filings are available through the SEDAR system. In 2007, we noted, non-audit fees were 29% of the total fees paid by all Canadian issuers. Over … Continue reading
Category Archives: Audit Fees
Non-Audit Services Fee Cap: How Would U.S. Companies Measure Up?
In the new audit reform published last year by the EU Commission, one of the interesting stipulations includes a cap on fees for permitted non-audit services (NAS). Going forward, fees for non-audit services cannot exceed 70% of the average of … Continue reading
Auditor Changes Roundup: Q1 2015
If you’ve been a regular reader of our quarterly Auditor Changes roundups, then it should come as no surprise when we say that the first quarter of 2015 was another good one for BDO. The global audit firm took first … Continue reading
Auditor Changes Roundup: 2014 Annual Summary
BDO had another great year in terms of SEC audit clients. The Global Six firm won 54 new clients compared to 14 losses, for a net increase of 40 engagements in 2014, to go along with a net increase of 57 … Continue reading
Audit Fees for Smaller Reporting Companies
Over the summer, we investigated the auditor market share for SEC registered companies. In that post, we highlighted what we saw as an interesting stratification of the public company audit market. The smaller the group of companies, the more competitive the … Continue reading
IPO Accounting & Legal Fees: 2014 Update
2014 saw mixed results in trends related to the accounting and legal fees of IPO companies. Average fees steadily increased from 2008 to 2013, with particularly steep inclines being noted in 2012 and 2013. In 2014, however, both average accounting and … Continue reading
Auditor Changes Roundup: Q4 2014
Of the Big Four and major National accounting firms, BDO USA had the best quarter in terms of new SEC client wins. Thanks largely to its acquisition of the Texas practice of UHY, BDO gained 20 new clients and had a … Continue reading