Going back to 2004, this post looks at longitudinal trends comparing standard initial public offerings (IPOs) and blank check IPOs, including the overall number of transactions, gross proceeds, auditor market share, and average accounting and legal fees. A blank check … Continue reading
Monthly Archives: April 2020
SEC and PCAOB Offer Further COVID-19 Guidance
As we enter another week of uncertainty surrounding COVID-19 and its unquantifiable impacts, it’s becoming increasingly evident that no one knows what to expect. This is especially true for companies and businesses, as well as auditors. Fortunately, U.S. regulatory authorities … Continue reading
Going Concerns – A Nineteen Year Review
In our latest report, 2018 Going Concerns: A Nineteen Year Review, we examine the trends and statistics of going concern audit opinions filed with the Securities and Exchange Commission since 2000. This report analyzes going concern totals and percentages of … Continue reading
Coronavirus Slows UK Audit Opinions
On Tuesday, March 31, Quixant PLC – a UK-based gaming technology company – issued the following statement, claiming that KPMG LLP (UK) has decided to not sign any audit opinions or consents until April 5th: Quixant (AIM: QXT), a leading … Continue reading