San Ramon, Calif.-based IPA 100 firm Armanino LLP (FY20 net revenue of $354.8 million) has launched a new public company audit fee dashboard.
The new tool provides an interactive look at the firm’s annual SEC audit fee survey, which reports annual audit fees from the 10-K and proxy statements of U.S.-based publicly traded companies. The dashboard allows public companies to explore trend analysis and data indexed by industry, close ranges of revenue and geography by state and region, as well as auditor types, including regional, national and top-10 accounting firms.
“By harnessing the power of data visualization and analytics, we’re giving public companies a tool to benchmark their audit fees against industry competitors, companies in the same geographical area or those with similar revenue,” says audit partner Matt Perreault. “Armanino is enabling public companies to examine the value of the audit function and better prepare for the future, financially and otherwise, and secure peace of mind around their audits.”