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SOX Audit Fees Rising...
SOX Audit fees keep rising according to Inside Sarbanes-Oxley and the Chicago Business Journal:
Since federal accounting reforms were enacted in 2002, public companies with less than $1 billion in annual revenue have seen audit fees nearly triple in the past four years, according to a recent study by law firm Foley & Lardner. Audit fees were more than $1.2 million for fiscal year 2005 compared to $332,000 before accounting reforms.
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Posted June 19, 2006 in LogMatters | Permalink
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