Companies are required to disclose in their proxy statement or annual filings with the SEC the total amount of audit and non-audit fees paid to the audit firm for the two most recent years. Which of the following is not one of the categories of fees that must be disclosed?
A) tax fees
B) consulting fees
C) audit-related fees
D) all other fees

Question

Quizplus · Accepted Answer

Consulting fees are not specifically required to be disclosed as a separate category under SEC rules. The required categories include audit fees, audit-related fees, tax fees, and all other fees. Consulting services might fall under "all other fees" if provided by the audit firm, but there is no distinct category for consulting fees.

Companies Are Required to Disclose in Their Proxy Statement or Annual