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Here’s How Much Audit Fees Have Increased in the Last Twenty Years Making Us Wonder Why Salaries Didn’t Do the Same

Going Concern

Audit Analytics has released “ A Twenty-Year Review of Audit Fees ,” an in-depth look at audit fee trends from 2002 to 2022 and there are some fun charts inside. Mainly we care about this one: In FY2003, average audit fees were $681,000; in FY2022, this number was $2,243,000. God bless Audit Analytics.

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Preparing for Upcoming ESG Disclosure Requirements

Withum

Companies will have to disclose specific ESG information that regulators and accounting standards require. ESG reporting standards are transitioning from the wild west to ridged government and accounting-imposed standards. Below is a summary of some sustainability reporting standards companies will be subject to.

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National Society Of Accountants For Co-ops Upcoming Webinars

Nancy McClelland, LLC

Agricultural Economic Outlook April 5, 2022 | 11:00 AM EST FREE NSAC Members | $56 Non-Members CPE: 1 Credit Hour Want to know more about current and expected market conditions affecting agricultural co-ops? This will include the audit perspective of this process, along with industry trends and common mistakes to avoid.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

The Asian country recently urged state-owned enterprises to phase out Big Four contracts and hire locally instead in a bid to rein in foreign accountants amid what it called data security concerns. KPMG, PwC and Deloitte got less than 4% each, according to data from the Chinese Institute of Certified Public Accountants analyzed by Bloomberg.

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