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Registration Application Fees Announced by PCAOB

The Public Company Accounting Oversight Board announced the fees payable by accounting firms to apply for registration. The fees established are based on the number of public company clients for which the firm performed audits during the previous fiscal year.

The fee range begins at $250 for firms with no public company clients. Firms with up to 49 clients will pay $500, while and application fee of $3,000 will be payable by audit firms with between 50 and 100 public company clients. Firms with up to 1000 clients will pay $29,000, while the top fee for more than 1,000 clients will be $390,000.

¨ PCAOB Release No. 2003-010 is reported at ¶86,942 .