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Research from Gartner has found that 14% of companies in the US expected to see a ‘significant’ increase in the fees they pay their auditors, with the same percentage anticipating a ‘moderate’ increase. A third (34%) say they expect to see only a ‘slight’ increase in their audit bill.
One in five (18%) are planning for no change in their audit costs, while a similar number (20%) believe their audit fees will decrease, with 7% expecting a ‘significant’ cut.