Paying audit fee's made after balance sheet date. is it an adjusting event?

Question

should it be adjusted in the current year?

Answer 1

Audit fee will be accounted in the year as a provisional expenses/accrued liability. Payment will be made subsequent year and that would be charged against the provision.

Answer 2

Yes. Your auditor should add the audit fee to your profit & loss account to it will reduce your net profit figure shown on the balance sheet.