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 ?
Shareholders also voted to ratify and approve the appointment of Ernst & Young LLP to serve as the Company's independent auditors for the fiscal year ending November 30, 2011 and authorize the Company's Audit and Ethics Committee to set the independent auditors remuneration.
Authorise directors to fix auditors remuneration 152,522,019 1,672 18,600 4,569 152,546,860
Reaffirmed the reappointment of Deloitte & Touche as auditors until the close of the next Annual General Meeting of Shareholders and authorized the Audit Committee on behalf of the Board of Directors to fix the auditors remuneration.
Shareholders also voted to ratify and approve the appointment of Ernst & Young LLP to serve as the Company's independent auditors for the fiscal year ending November 30, 2010 and authorize the Company's Audit and Ethics Committee to set the independent auditors remuneration.
Stockholders also re-appointed Deloitte & Touche as auditors until the close of the next Annual General Meeting of Shareholders and authorized the Audit Committee on behalf the Board of Directors to fix the auditors remuneration.