Public companies' audit fees increased 4.5 percent last year, while audit fees for private companies were 3.7 percent higher in 2013, according to the results of a new survey released on Thursday by the Financial Executives Research Foundation.
Salaries for finance leaders in private and public companies in 2014 have increased 3.3 percent and 3.4 percent, respectively, according to a new survey released by Grant Thornton and the Financial Executives Research Foundation.
Fifty-nine percent of US companies and 66 percent of Canadian businesses are still reconciling their general ledger accounts manually, according to a new report from Robert Half and the Financial Executives Research Foundation.
The FASB announced it has published a final version of the 2014 US GAAP taxonomy to be used for reporting in eXtensible Business Reporting Language (XBRL), such as for purposes of XBRL reporting requirements under the SEC's rules.
According to more than 220 finance leaders who participated in a new survey by FEI, audit fees paid by public companies in 2012 increased by 4 percent over their prior fiscal year audit; private company fees increased by 3 percent.