| 1. | But Corporate America is rife with other examples where consulting contracts outweigh audit fees.
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| 2. | Rules requiring better disclosure of non-audit fees were adopted instead.
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| 3. | Grace paid Price Waterhouse $ 7.2 million in consulting and audit fees last year.
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| 4. | True Volunteer states that its annual operating costs are approximately ?000 and include audit fees.
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| 5. | Nonauditing fees exceeded $ 4 billion last year, while audit fees totaled $ 1.58 billion.
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| 6. | Grace paid Price Waterhouse $ 7 . 2 million in consulting and audit fees last year.
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| 7. | Fees for tax advice contributed about 23 percent of revenue, and audit fees about 37 percent.
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| 8. | Higher audit fees apparently equaled tougher audits.
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| 9. | Nonauditing fees exceeded $ 4 billion last year, while audit fees totaled $ 1 . 58 billion.
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| 10. | Companies that paid higher audit fees were more likely to get an adverse opinion, DeFond's team concluded.
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