This post is a part of Audit Analytics’ series on audit market concentration across select countries in Europe. For fiscal year 2020, the Big Four firms account for a staggering 98% of the market share across Italy’s top 100 companies … Continue reading
Monthly Archives: October 2021
Who Audits Public Companies – Germany 2020
This post is a part of Audit Analytics’ series on audit market concentration across select countries in Europe. For fiscal year 2020, 10 accounting firms shared Germany’s audit market of the top companies comprising the DAX 40, MDAX 50, and … Continue reading
Q3 2021 IPOs: Auditor Market Share and Stats
There were 199 initial public offerings in U.S. markets between July 1, 2021, and September 30, 2021. Together, these IPOs raised over $49.7 billion – a decrease of $36 billion from last quarter. This was a decrease of nearly $12 billion … Continue reading
Who Audits Public Companies – France
This post is a part of Audit Analytics’ series on audit market concentration across select countries in Europe. The Big Four accounting firms are collectively engaged in 57% of all French engagements, unchanged from the previous year. Deloitte led the … Continue reading
Trends in Comment Letters Through the First Half of 2021
The trends we have observed with SEC comment letters over the past several years have continued. Through the first half of 2021 comment letters that reference 10-Ks, 10-Qs, or 8-Ks are on pace to decline by about 15% compared to … Continue reading
Companies that Experience Cyber Incidents See Higher Audit Fees
Cybersecurity is an ongoing concern for managing an evolving information technology (IT) control environment. In addition to costs related to investigation, remediation, and reputation, cyber incidents also impact costs related to the audit of internal controls. Companies that have a … Continue reading