Audit
Audit fees rise by 75% since 2017, QCA finds
The knock-on effect of this talent competition is that audit firms have to pay higher salaries to compete with these industries, which pushes up the cost of audits
The cost of the annual audit for UK listed companies has risen by 75% since 2017 due to a lack of competition in the audit market and a push for improved audit quality, according to Quoted Companies Alliance (QCA), an organisation that represents small and medium-sized London-listed companies
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