Wednesday, June 13, 2007

About Those Audit Fees...

Francis McKenna lists her top 10 reasons won't go down anytime soon - OK, if ever. My favorites are:

8. Performing an audit of a large global public company requires specialized skills and they are very expensive and time consuming to develop.

7. There is a significant constraint on resources who are available to competently perform this work.

Number 9's good, too: "The Big 4 are an oligopoly." Straight and to the point.

The Top Ten Reasons Audit Fees Will Not Go Down [re: The Auditors]

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