The Division of Enforcement within the U.S. Securities and Exchange Commission “is responsible for detecting and investigating a wide range of potential violations of the federal securities laws and regulations”. The SECs oversight gives them the authority to respond to … Continue reading
Monthly Archives: April 2023
2020 Audit Firm Market Share of ERISA
The Federal Employee Retirement Income Security Act of 1974 (ERISA) requires entities or sponsors that offer post-employment benefit plans to disclose audited financial information to plan beneficiaries. ERISA establishes the minimum standards for employment benefit plans, including pensions, 401(k) accounts, … Continue reading
Q1 2023 IPO Trends: Market Downturn Persists
The initial public offering (IPO) market started off slow in the first quarter of 2023. In total, 46 IPOs raised a combined total of $3.1 billion during Q1. Q1 2023 did see an increase in both the number of IPOs … Continue reading
2021 Auditor Market Share of Non-Profits
Non-Profits are required to obtain an audit if the organization receives $750,000 or more in federal funding in a single fiscal year. Accordingly, this includes the audit of the institution’s financial statements and the federal award received. These disclosures can … Continue reading