There have been several negative events within the insurance industry over the past few years. In 2017, there were 18 restatements among registrants in the insurance industry, versus 10 in both 2016 and 2015. This uptick has continued into 2018, … Continue reading
Monthly Archives: October 2018
Auditor Changes Roundup: Q3 2018
Marcum, with a net of 22 new SEC audit clients, accounts for the largest number of new clients among all firms this quarter. Marcum’s merger with GBH CPAs in July 2018 is a key factor in the significant gain of … Continue reading
Auditor Changes and Audit Fees in Poland
A third of large- and mid- cap Polish companies changed their audit firm from 2016 to 2017, and most of those that did saw their audit fees increase significantly. The European Union passed regulation that requires companies to put their … Continue reading
Audit Analytics now Offers Accounting Quality Insights
Audit Analytics is proud to announce Accounting Quality Insights, our newest research product geared towards investors and financial professionals. Accounting matters are crucial in understanding the complete financial picture of a company; our insights cover accounting, control, and related governance … Continue reading
Trends in SEC Non-GAAP Comment Letters 2016-2018
Key Findings The overall number of comment letters issued by the SEC has decreased since 2010 The percentage of comment letters referencing a non-GAAP metric increased through 2017, but has been trending downward in the first 6 months of 2018 … Continue reading
Q3 2018 IPOs: Auditor Market Share and Stats
Overview There were 65 initial public offerings in U.S. markets between July 1, 2018, and September 30, 2018. These IPOs raised over $13 billion for the quarter, an increase of over $6.17 billion from the same period last year but a decrease … Continue reading
Long-Term Trends in Non-GAAP Disclosures: A Three-Year Overview
Regulation G, adopted by the SEC in 2003, established a regulatory framework that companies must follow to present metrics that are not calculated in accordance with GAAP. Regulation G defines a non-GAAP metric as a numerical measure that excludes amounts … Continue reading