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.
Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.
Related Resources
- Auditing Accounting Estimates: ISA 540 (Revised) Implementation Tool
- IFAC SMP Advisory Group Response to the IAASB Audits of LCEs Exposure Draft
- IFAC's Vision for High-Quality Assurance of Sustainability Information
- Strategic Plan
- Sustainability Information for Small Businesses: The Opportunity for Practitioners