ICFR Weakness as a Risk Factor – Similarities in Companies with Ineffective Controls

Note: A version of this article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. Recently we reviewed four companies fined by the Securities and Exchange Commission on January 29, 2019, … Continue reading

Could SEC Charges Have Been Predicted for GT Advanced Technologies?

Note: This article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. Key Points: SEC fined former CEO of GT Advanced Technologies (GTAT) over $140,000 in connection with making false … Continue reading

Academic Literature Review: Accounting Reporting Complexity and Non-GAAP Earnings Disclosure

The overall complexity of financial disclosures affects the ability of anyone reading the financial statements, including stockholders, regulators, and investors, to analyze and assess the information presented. One way to measure complexity of disclosures is by determining accounting reporting complexity … Continue reading