Pledged securities – shares of a public company that are pledged by their owner as collateral – present a potentially serious risk to a company’s governance and share price. When a major owner of a company pledges their shares, it exposes the company … Continue reading
Q4 2020 IPOs: Auditor Market Share and Stats
Overview There were an unprecedented 210 initial public offerings in U.S. markets between October 1, 2020, and December 31, 2020. Together, these 210 IPOs raised over $65 billion, an increase of over $56 billion from the same period last year and an increase … Continue reading
Audit Opinion Types Available in Our Europe Database
The audit opinion is particularly important to stakeholders, as it provides insight into whether the financial statements are true and reliable for decision making. When an opinion is issued, auditors generally include an explanation for their decision. Because most opinions … Continue reading
BDO Acquires MBAF
Recently, BDO USA LLP announced the acquisition of Florida-based MBAF LLC. This merger is significant, as MBAF is currently the 38th largest accounting firm in the US and the largest in South Florida. MBAF is one of the largest Hispanic-owned … Continue reading
A Closer Look into Human Capital Management Disclosures
In 2017, the Human Capital Management Coalition petitioned the SEC to expand disclosures surrounding the human capital management policies, practices, and performance. In response to this request, after significant discussion, the SEC amended Regulation S-K Item 101(c) and required disclosure of … Continue reading
SPAC Popularity Continues to Grow
2020 was the year of the special purpose acquisition company (SPAC) initial public offerings (IPOs). The somewhat controversial method of going public represented more than half of all IPOs last year. The growth in popularity of SPACs has been evident … Continue reading
A Look Back at 2020
As 2020 comes to a close, it’s fair to say we’re all looking forward to the New Year; 2020 brought a year of uncertainty, filled with unprecedented events surrounding the Coronavirus pandemic that shook the world. However, despite the challenges, … Continue reading