How is average defined? If it's aggregateDollarsCompliance / aggregateRevenue for all companies then small companies are going to pay a much higher percentage versus big companies. Apparently it can be as much as ~1.5% of revenue (http://www.sec.gov/info/smallbus/acspc/appendi.pdf Table 10 shows audit through 2000-2004)
Definitely not an insignificant cost for small companies, especially when you factor in the enormous management overhead
Definitely not an insignificant cost for small companies, especially when you factor in the enormous management overhead