Tuesday, January 08, 2008

How to Economize on Audit Fees

What happens when you stop using a Big Four firm for your audit work? You save a bunch of money, figures telecommunications systems company Catapult Communications. By switching from Deloitte & Touche to Los Angeles-based Stonefield Josephson, Catapult estimates it will save between 43 and 49 percent off the $985,000 it expected Deloitte to charge this year. (Last year, the company paid nearly $1.1 million in audit fees.)

Catapult Ditches Deloitte [WebCPA]

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