AbstractAlthough the main objective of the financial auditing is represented by the expression of an opinion regarding the accuracy of the financial statement, the greatest financial frauds at international level have proven the complicity of the auditor to their commitment. In these situations, the independence and the objectiveness of the auditor have been affected by the level of the audit and non-audit fees paid by the client company. This research proposes an analysis of the audit and non-audit fees to the fraud risk, by using the logistic regression analysis for the fraud risk assessment, by activity field of the client. The results of the research allege that a low level of audit fees and a high level of the non-audit fees have caused the increase of the fraud risk of the companies listed on the New York Stock Exchange between 2001 and 2002.