The PCAOB needs your help. With a focus on future strategy, the PCAOB is looking for investors, auditors, preparers, audit committee members, and academics to help identify their areas of strength and those needing improvement. Each year, the PCAOB prepares … Continue reading
Monthly Archives: April 2018
Q1 2018 IPOs: Auditor Market Share and Stats
Overview There were 60 initial public offerings in U.S. markets between January 1, 2018, and March 31, 2018. These IPOs raised over $17.7 billion for the quarter, an increase of almost $5 billion from last quarter and approximately $5.5 billion … Continue reading
Going Concerns – A Seventeen Year Review
Audit Analytics annual report, 2016 Going Concerns – A Seventeen Year Review, is now available. This report, which looks at going concern opinions over the last seventeen years, analyzes going concern totals and percentages of total opinions by year with a … Continue reading
What You Should Know About General Electric’s Revenue Recognition Announcement
Note: This post has been updated to include the full, unabridged FactSet article made available on November 12, 2018. General Electric Co [GE] released an update on April 13, which among other things, clarified issues related to the adoption of … Continue reading
Cybersecurity Data Every Accountant Should Have
The SEC recently issued new guidance on cybersecurity disclosure and policies, and it is no wonder. According to an updated Audit Analytics analysis, nearly 65% of affected public companies did not report a cybersecurity breach to the SEC. As policies change, … Continue reading
ASC 606 Adoption Progress – Q4 Update
We’re beginning to see large U.S. public companies with December year ends completing implementation of the new revenue recognition standard. At the time of our Q2 progress update, many companies were still behind, despite the December deadline for companies who … Continue reading