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Audit Analytics Report on Audit Fees in First Two Years Post Sarbox 404
June 4, 2007
FEI Summary
In February, 2007, Audit Analytics issued a report entitled, "Surprised By Audit Fees - A Comparison of Audit Fee Changes Experienced by SOX Section 404 Filers and Nonfilers." (Copyright Audit Analytics 2007, Used with Permission.)
The Audit Analytics report was cited in remarks of PCAOB Board member Charles Niemeier at the May 23, 2007 PCAOB open board meeting at which Auditing Standard No. 5 (AS5) was approved.
Audit Analytics has given FEI permission to host a copy of their report. For further information about this or other Audit Analytics reports or services, visit www.auditanalytics.com or call 508 476 7007 ext 230.
Prepared June 4, 2007 by Edith Orenstein, eorenstein@FinancialExecutives.org, Director, Technical Policy Analysis, Financial Executives International (FEI). This summary does not represent FEI opinion unless specifically noted above.
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