Audit Fee

(redirected from Auditors' Remuneration)

Audit Fee

A fee a company pays an external auditor in exchange for performing an audit. Because the Sarbanes-Oxley Act made audits more complex, audit fees have increased significantly in the United States since 2001.
References in periodicals archive ?
Moreover, other problems arose in the areas of auditors' remuneration and directors' and officers' compensation.
During the Annual General Meeting, the company's shareholders considered three proposals: nominations to re-elect 11 members of Ingersoll Rand's board of directors, advisory approval of the compensation of the company's named executive officers, and the appointment of independent auditors and authorization of the Audit Committee to set the auditors' remuneration.
Auditors' remuneration shall cover review of accounts, administration, and the Group audit.
Authorization of the appointment of Perry Smith LLP as the company's independent auditors and authorization of the company's audit committee to set the auditors' remuneration.
Authorization of the appointment of Perry Smith LLP as the company's independent auditors; and, authorization of the company's audit committee to fix the auditors' remuneration.