The peer group that a company chooses is an important factor in corporate governance. As compensation consultant Pay Governance LLC recently noted in an article posted by the Harvard Law School Forum on Corporate Governance and Financial Regulation, “the vast majority of companies … Continue reading
Monthly Archives: August 2016
Auditor Changes Roundup: Q2 2016
The second quarter of 2016 had a slight increase in SEC-client auditor change activity from the first quarter. Marcum LLP, based in New York, held the top spot this quarter, with eleven wins and two losses, for a net increase … Continue reading
PCAOB Member Updates Internal Control Analysis
At this year’s Annual Meeting of the American Accounting Association (AAA) held in New York City, Jeanette M. Franzel of the PCAOB presented an update on trends and issues concerning the COSO framework and Internal Control over Financial Reporting (ICFR). The presentation covered issues and … Continue reading
Hain Delays Filing: What to Expect
Hain Celestial Group (NASDAQ: HAIN) announced on Monday, August 15 that it would delay the release of its fourth quarter and fiscal year 2016 financial results. The reason? The company was investigating certain revenue arrangements with distributors. During the fourth quarter, the … Continue reading
Leading ERISA Benefit Plan Auditors in California, Texas, and New England
Last year we discussed the auditor market share for non-profit institutions and ERISA benefit plans. In this post, we expand on that research and review the auditor market share for ERISA benefit plans for three large areas of the United States: California, Texas, and … Continue reading
Examining the Effects of Oil Prices on SEC Disclosures
Oil price predictions for the end of 2016 are on the optimistic side, with many putting price per barrel estimates towards the upper $40’s. Although these predictions suggest a slightly bullish oil market for the upcoming months, these price points are still … Continue reading
Update on “SEC Comment Letters: A Five Year Trend” (2015)
Last year we published a blog post reporting on the significant decline in the number of SEC comment letters that refer to issues in 10-K and 10-Q filings. In this post, we look at comment letters from 2015 to see if that trend continued. The … Continue reading