We previously looked at the leading states for benefit plans, by both the overall number of plans and by the amount of assets audited. For this article, we breakout the top five auditors for each state by the number of … Continue reading
Monthly Archives: June 2018
Supreme Court’s Ruling on Employment Arbitration and Class Actions
Individually, an employee going against his/her employer for a claim runs the risk of costly legal fees that may — most assuredly — add up to more than what the claim is for. However, joining with other employees in a … Continue reading
Five Years of Restatements Following Internal Investigation for MiMedx Group, Inc.
On June 7, 2018, MiMedx Group, Inc. [MDXG], a biopharmaceutical company, announced that the Company is going to restate previously filed financial statements for years 2012 through 2016, and the first three quarters of 2017. A financial restatement of this … Continue reading
Auditors of the Russell 3000
Everyone knows that the Big Four dominate at the top of the public company audit market. The largest companies use the Big Four almost exclusively, and only a handful of other firms compete for a share of that slice of … Continue reading
Leading States for Benefit Plans
Our last ERISA benefit plan analysis looked at total plans for the entire United States. Below, we continue that analysis and take an in-depth look at the top five states for both the most number of benefit plans and the … Continue reading
2017 Financial Restatements Review
The annual Audit Analytics report on financial restatement trends is now available. This report provides a detailed analysis and comparison of trends in financial restatements over a seventeen-year period. Some key highlights include: Reissuance Restatements declined for the eleventh year in a row. … Continue reading
Comparing Non-Audit Service Fees between the EU and US
Some time ago, we looked at how US companies would measure up against the new non-audit services fee cap in effect in the European Union. In the major EU audit reform of 2014, one of the stipulations includes a cap on fees … Continue reading