The hidden cost of low audit fees: A risk investors cannot ignore - The Economic Times

Indian audit fees for listed companies have lagged behind company growth significantly. This under-pricing compromises audit quality and auditor independence due to economic constraints. Audit committees often approve fees without independent scrutiny, lacking accountability. International regulators examine audit fees as a quality indicator, unlike in India. Mandating fee disclosures and structured methodologies can address this systemic governance issue.

Raccontata daeconomictimes.indiatimes.com