Total audit fees increased in fiscal year 2021 as the number of Securities and Exchange Commission (SEC) registrants reached its highest total in six years, according to the latest annual report.
Audit Analytics’s 20th annual review of audit and non-audit fee trends at public companies found total audit fees grew 3.3 percent from 2020, to $18.9 billion. Primarily driving the increase was the larger number of registrants at 7,133, the most since 7,150 were included in 2015.
