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Financial-services firms dominate the list of companies with the largest auditing bills.
CFO Staff, CFO Magazine
October 1, 2010
Which companies paid the most, in absolute dollars, for their audits last year? Not surprisingly, global financial firms — including some giant financial basket cases — topped the list. Altogether, these 10 companies spent a cool $871 million on audits and audit-related fees in 2009. That kind of money buys a lot of ticking and tying. And half of these companies — AIG, General Electric, Royal Bank of Scotland, Deutsche Bank, and JPMorgan Chase — made the Top 10 for the second year in a row.