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Using the Canada Audit Fees database
Who is this article for?
Users who want to learn about the Canada Audit Fees database.
No special access or permissions are required.
The Audit Analytics Canada Audit Fees database contains fee disclosures from Canadian Issuers' electronic filings since 2006, helping you understand audit fee trends, benchmark against peers, and analyze significant changes.
1. Understanding the database
Canadian public companies must disclose external auditor compensation under Multilateral Instrument 52-110 on Audit Committees. Item 9 describes the following fee categories:
- Audit fees
- Audit-related fees
- Tax fees
- All other fees
The database is available online, through WRDS, and through data feeds (Feed49 – SEDAR Audit Fee, Feed50 – SEDAR Audit Original Fee) with the relevant subscription.
Saved Search Alert: Yes
Daily Summary Email: No
2. Using the database
The Canada Audit Fees database supports the following common uses:
- Understand audit fee trends and year-over-year changes
- View fees in Canadian and US dollars for ease of comparison
- Benchmark your audit fees against industry peers by revenue, market cap, and location
- Analyze significant changes in audit fees
3. Understanding collection methodology
Currencies are converted from the reporting currency using the exchange rate as of the corresponding event date (Market Cap Rate, Revenue Date, Assets Date, and/or fiscal year end, as applicable).
In August 2024, the following fields were modified due to a change in source data:
- Industry Key and Industry Description were deprecated
- Business Phone, Business Fax, and Contact Fax were replaced by two new fields: Phone and Fax
Data is primarily extracted from the following form types: Management information circular - English, management information circular (amended) - English, audited annual financial statements - English, audited annual financial statements - French, audited annual financial statements (amended) - English, annual report on Form 20-F - English, annual report on Form 10-K – English, annual information form - English, revised annual information form - English, annual information form (revised) - English, annual report - English, annual report (amended) - English, MD&A - English, MD&A supplement - English, MD&A (amended) - English.
4. Searching the database
To search the Canada Audit Fees database, use the filters available on the search page.
| Name | Description | Data Dictionary Field(s) | Sort By? |
| Filter by Auditor | Filter by fees for a specific auditor or group of auditors | Auditor Name Auditor Key | Yes |
| Search by Ticker or Issuer Number | Filter results for a specific population | Issuer Number CIK Code Ticker | Yes |
| Use restated fees when available | Returns restated fees if checked | N/A | No |
| Search Fee Text | Search for text containing keyword | N/A | No |
| Market Index | Filter by SEDAR Market Indices | Current TSX Issuer Current TSXV Issuer | No |
| Fiscal Year | Filter by fiscal year of fees | Fiscal YE | Yes |
| Currency | Filter by representing currency in which audit fees were reported | Reported currency | No |
| Market Cap (CAD) | Filter by companies’ market caps | CAD Market Cap | Yes |
| Revenue (CAD) | Filter by companies’ revenue | CAD Total Revenue (MRFY) | Yes |
| Assets (CAD) | Filter by total assets as of asset date | CAD Total Assets | Yes |
| Filter by Industry | Filter by companies’ industry(s) | NAICS Code | No |
| Company Location | Filter by business address location(s) | Bus City Bus State Bus Country Bus Code | No |
| Audit Fees (CAD) | Filter by companies’ reported aggregate audit fees | CAD Audit Fees | Yes |
| Non Audit Fees (CAD) | Filter by companies’ non audit fees (audit related fees, tax fees, and other fees) | CAD Non Audit Fees | Yes |
| Tax Fees (CAD) | Filter by the aggregate fees billed for tax compliance, tax advice, and tax planning | CAD Tax Fees | Yes |
| Filter by Market | Filter by principal exchange | Exchange | No |
5. Viewing results
Results appear at the bottom of the page. You can access the following through the respective hyperlinks:
- CSV file downloads of the results
- Canada Audit Fees Data Dictionary download
- Overview of individual companies
Note: All fields available in the CSV are defined in the Data Dictionary.
For more information regarding the breakdown and definitions of auditor fee categories, see the Canadian Securities Administrators (CSA) National Instrument 51-110 (effective date of 30 March 2004) and National Instrument 52-110.