Controller's Report

August 2009

Keeping Control: Audit Fees Up 3.7 Percent at Private Companies

Current benchmarks for audit fees are available to controllers in Audit Fee Survey 2009, a study from the Financial Executives Research Foundation (FERF). Overall, this study, which captures auditor fees at 110 public and 245 private companies, shows that average audit fees are substantial, even though they rose only slightly last year.

August 2009 - Table of Contents

CR August 2009 (full PDF issue)

Exercising Leadership: How Controllers Alleviate Hidden Costs in Outdated Working Capital Strategies

Keeping Control: Audit Fees Up 3.7 Percent at Private Companies

Staying Current: Buck Survey Pegs HMO Cost Rise at 11 Percent in �09

Broker Commissions: Broker Fees for P&C Coverage Average 8.8 Percent of Premium

The Controller�s Calendar (0908)

HR Strategies: Survey Shows 52% of Cos. Have Enacted Freezes or Reductions in Salaries

Bank Charges: Eight Checking Account Services Priced in New Survey

401(k) Contributions: 29% of Cos. Modifying Their 401(k) Contributions During 2009 Plan Year

Coming in future issues of The Controller�s Report (0908)

PPO Expenditures: PPO Costs Up 5.3% at Companies With Less Than 500 Employees

The Controller's Forum (0908)

Manufacturing Costs: Median COGS at 68% of Revenue at 431 Manufacturers

P&C Rates: May Decline in Composite P&C Premiums at 6 Percent

Inventory Investment: Supermarket Median Inventory Turnover Rates at 15.4 Times Per Year

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