ABC Board Updates Audit, Billing Structure
The ABC board has updated its audit requirements and billing structure for magazines and newspapers, saying it recognizes the tough market environment its members are operating in.
The board ruled that starting Oct. 1, U.S. and Canadian newspapers with a paid circ under 50,000 may be audited every other year instead of annually, and is expected to grant that same option to those with paid circ between 50,000 and 75,000 starting April 1, 2009.
Earlier this year, ABC had made the biennial audit option available to U.S.
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