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
AUGUST 2, 2023
Accounting standards ASC 606 Revenue from Contracts with Customers, ASC 842 Leases, and ASC 326 Financial Instruments – Credit Losses required companies to change existing accounting and financial reporting standards. Increases in audit complexity resulted in additional effort from external auditors.
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