2016 Audit Fee Survey Report

AuditeFee2016.png Acquisitions, reviews of internal controls and inflation continue to be among the leading factors driving increases in audit fees, although large accelerated filers and accelerated filers report success in mitigating the size of audit fee increases.

In the 2015 audit year, the median increase for all filers reviewed through SEC filings was 3.2 percent, with public companies that responded to our survey reporting a median increase of 1.6 percent and privately held filers, also surveyed, reporting a median increase of 2.9 percent.

Median fee increases also varied by company size, with non-accelerated filers reporting higher median increases than large accelerated filers, accelerated filers and smaller reported companies.