Contributing to the Global Economy

Audit Fees Survey 2022

Understanding Audit Fees and Non-Audit Service Fees, 2013-2020

IFAC
Apr 25, 2022 | Surveys & Reports
English

How much does audit cost? How does this compare to the fees companies pay for other professional services provided by statutory auditors? These questions are the starting point for this report. But when talking about listed companies in different jurisdictions and of all sizes, absolute figures may not shed meaningful comparative insight. Accordingly, the purpose of this analysis is to quantify audit fees as a percentage of corporate revenue—allowing us to better compare information across a range of mega-cap, large-cap, mid-cap, small-cap, and micro-cap entities trading on US, Canadian, and European stock exchanges from 2013 to 2020.

 

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