Top 10 Ways to Cut Your Audit Bill

Think there’s no way around sky-high audit costs? Think again. A recent study
of 1000 companies by The Hackett Group found that the average company spends
$584,000 per $1 billion of revenue on audit fees. The companies that earned the
"world-class" designation, based on a variety of factors, however, paid only
$307,500 per billion— nearly 50 percent less.

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