Competition in the Accounting Profession: Survey of Public Companies (GAO-08-164SP, November 2007), an E-supplement to GAO-08-163
How have your audit fees changed since 2003?
"Audit fees" refers to total fees for the financial statement audit and the audit of internal contol over financial reporting.
|3.||Remained the same (Click here to go to Question 22.)|
|21.||IF AUDIT FEES INCREASED OR DECREASED: Which of the following reasons explain why your audit fees have changed?|
|(Select one answer in each row.)|
|a. Change in hourly rates of audit team and senior partners|
|b. Change in number of hours by audit engagement team|
|c. Change in number of hours by senior partners and experts|
|d. Addition of requirement for audit of internal control over financial reporting|
|e. Change in complexity or scope of company operations|
|f. Other - please describe below|
|IF OTHER, please describe.|
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