Deloitte leads major global and national firms in new SEC audit client engagements for the third quarter in a row. With 8 audit client engagements and 5 departures, Deloitte had a net of 3 new SEC audit clients. RSM US, Crowe … Continue reading
Monthly Archives: October 2017
Untaxed Foreign Earnings of Top Companies Increased by Billions
With an estimated $2.8 trillion overseas, it’s no wonder indefinitely reinvested foreign earnings (IRFE) continue to attract so much attention. The White House recently issued a press release, citing Audit Analytics, calling for an end to the “offshoring model” and … Continue reading
Top Five to Celebrate First Five
We published our first blog post in October of 2012. Over the past five years, our analysts have shared their insights into various auditing and accounting trends and issues. Publishing more than 300 blogs, we have covered a vast array of … Continue reading
An Overview of 17 Years of Changes in Accounting Estimates
Launched back in 2013, the Audit Analytics Changes in Accounting Estimates database now has nearly 18 years worth of changes in accounting estimate disclosures. We’ve analyzed all annual and quarterly SEC filings going back to January 1, 2000. We have just … Continue reading
Axon Enterprise, “The Dog ate my Email”
Technology has greatly improved our lives. Without it, we wouldn’t be able to surf the net, track our steps, talk through watches, or use stories of weak cell signals and dead car batteries to get us out of trouble. But sometimes … Continue reading
SEC Updates Non-GAAP C&DIs for Business Combinations
On October 17, 2017, the SEC released two new updates to the Compliance & Disclosure Interpretations (“C&DIs”). The C&DIs comprise the Division’s interpretations of the rules and regulations on the use of non-GAAP financial measures. The two updates focus on the … Continue reading
Q3 2017 IPOs: Auditor Market Share and More
Overview There were 44 initial public offerings in U.S. markets between July 1, 2017, and September 30, 2017, a decrease of 31% from last quarter. Third quarter IPOs raised $7.4 billion, approximately half of what was raised in Q2. All told, … Continue reading