Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1081

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 6
Chunk 1081
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 or otherwise compromise his ability to act as an independent director.

Item 14. Principal Accounting Fees and Services

Fees Paid to Auditors

The following table sets forth the fees accrued
or paid to the Company’s independent registered public accounting firms for the years ended December 31, 2024 and 2023. Crowe LLP
has served as the Company’s independent registered public accounting firm since February 2009, and has reported on the Company’s
financial statements for the years ended December 31, 2008 through 2024.

    Audit and Non-Audit Fees 
    2023  
    2024 
  
    Audit Fees (1) 
    $960,000  
    $1,000,000 
  
    Audit-Related Fees (2) 
     240,850  
     169,300 
  
    Tax Fees (3) 
     296,000  
     304,000 
  
    All Other Fees 
     –  
     – 
  
    TOTAL 
    $1,496,850  
    $1,473,300 

  (1)
  Audit fees relate to professional services rendered in connection with the audit of the Company’s annual financial statements and
internal control over financial reporting, quarterly review of financial statements included in the Company’s Quarterly Reports
on Form 10-Q, and audit services provided in connection with other statutory and regulatory filings.

  (2)
  Audit-related fees comprise fees for professional services that are reasonably related to the performance of the audit or review of the
Company’s financial statements.

  (3)
  The 2023 and 2024 tax fees represent services rendered in connection with preparation of state and federal tax returns for the Company
and its subsidiaries.

 68 

Audit Committee Supervision of Principal Accountant

The Audit Committee acts pursuant to a written
charter adopted by the Board of Directors. Pursuant to the charter, the Audit Committee pre-approves the audit and permitted non-audit
fees to be paid to the independent auditor, and authorizes on behalf of the Company the payment of such fees, or refuses such authorization.
The Audit Committee is also empowered to delegate such authority to one or more of its members. The Audit Committee has delegated to its
chairman the authority to approve performance of services on an interim basis. In the fiscal years ended December 31, 2024 and December
31, 2023, all services