Webinar: Lower the costs of your external audit

Join the Akron IMA chapter bright and early for a webinar “Lower the costs of your external audit” on Tuesday, May 17, 8 – 9 am Eastern. The speaker is Dr. Joanna Golden, a professor at the University of Memphis. Organizations pay millions of dollars in audit fees every year, and fees are increasing. The audit doesn’t need to be so expensive, disruptive, and intrusive to a business. Auditors bill clients based on hours worked, so facilitating a smooth audit will lower the number of hours worked and thus lower overall fees. If the average public company were able to lower its average fee by just 2%, it could save around $196,000. For private companies, the average number of hours to conduct audits were reported to be 1,395 at a rate of $191 per hour, which means a 5% decrease in audit hours could save the average private company more than $13,000. Various ways of lowering the costs of external audits will be shared during this webinar.

Here are the registration details:

Webcast Title: Akron Chapter: Lower the costs of your external audit
Webcast Date: Tuesday, May 17, 2022 at 08:00 AM Eastern Daylight Time