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Charging fixed fees for accountants – what are the disadvantages?

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  • Publish date: 11 November 2010
  • Archived on: 05 June 2015

Forensic Group Newsletter, Issue 33, April 2007

Charging by the hour has become the standard for all accountants.  It provides certainty for the practitioner that every minute of time, within reason, can be recovered.  However, it has its downside. 

The disadvantages of fixed fee charging are as follows.