Posts Tagged “non-audit services”

Fees paid to the auditors of FTSE 350 companies for non-audit services has fallen by 24% over the last year, this is according to audit firm Grant Thornton.

The audit firm’s twelfth annual Corporate Governance Review shows that fees paid fell to 68% of audit fees in 2012 to 51.7% in 2013.

This is also visible among FTSE 100 companies, where non-audit fees on average now represent 33.7% of the external audit fee, representing a 43% drop.

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