BDO carried its momentum from 2013 into the first quarter of the new year, topping the SEC auditor changes again with a net increase of eight new clients. The firm’s biggest new clients were j2 Global and Neogen, which together … Continue reading
Monthly Archives: May 2014
Hedge Fund Auditor Market Share
With rumors continuing to circulate that KPMG is in the midst of a transaction to acquire Rothstein Kass, it has been speculated that Rothstein’s extensive private fund practice has been the driving factor of the acquisition. Just how large is … Continue reading
2013 Comment Letters Trends and Analysis – Issues Breakdown
The Sarbanes-Oxley Act of 2002 requires the SEC to review the financial statements of every public company at least once every three years, while permitting more frequent reviews as needed. According to the SEC 2013 Annual Report, the agency reviewed … Continue reading
SEC Enforcement: Case Length and Settlements
The SEC’s efforts to police the market are sometimes measured by the number of enforcements brought forward. The thought, generally speaking, is that a greater number of enforcement actions represents tougher policies. In the words of Mary Jo White, Chair of … Continue reading
The Cost of an Error
A Latin phrase attributed to Seneca, errare humanum est, reminds us that to err is human. Although errors and mistakes may be unavoidable, they nevertheless tend to bear a cost, which sometimes can be quite significant. On April 28th, 2014 … Continue reading