Last week, Audit Analytics had the pleasure of attending the International Conference and Annual Meeting (ICAM) 2021, hosted by the Association to Advance Collegiate Schools of Business (AACSB). As defined by the AACSB, “the International Conference and Annual Meeting (ICAM) is AACSB’s … Continue reading
Author Archives: Jessica McKeon
Going Concerns – A Twenty-Year Review
In our latest report, Going Concerns: A Twenty- Year Review, we examine the trends and statistics of going concerns (opinions qualified by an uncertainty regarding the going concern assumption) filed with the Securities and Exchange Commission since 2000. Leveraging the Audit … Continue reading
Serving Their Purpose? Insights on Critical + Key Audit Matters
Audit Analytics’ recently released report – Serving Their Purpose? Insights on Critical and Key Audit Matters – provides a comprehensive look at the U.S. and international audit matter standards and the disclosure diversity among audit matters based on the different … Continue reading
A Look Back at 2020
As 2020 comes to a close, it’s fair to say we’re all looking forward to the New Year; 2020 brought a year of uncertainty, filled with unprecedented events surrounding the Coronavirus pandemic that shook the world. However, despite the challenges, … Continue reading
PCAOB Adopts Amendments to Independence Rules, Announces 2020-2024 Strategic Plan
On November 19th, the Public Company Accounting Oversight Board (PCAOB) adopted amendments to its independence requirement to align with the Securities and Exchange Commission (SEC) rules. “The Board’s targeted amendments are intended to avoid confusion, differences, and duplication between PCAOB … Continue reading
Eighteen Year Review of Audit & Non-Audit Fee Trends
Audit Analytics’ most recent report, Eighteen Year Review of Audit Fee & Non-Audit Fee Trends, was released last week. Using data from our Audit Fees database, this report provides a detailed analysis and comparison of trends in audit and non-audit … Continue reading
SOX 404 Disclosures: A Sixteen Year Review
In 2019, 6.3% of SOX 404 auditor attestations disclosed ineffective internal controls over financial reporting (ICFR) – significantly less than the 38.8% of management assessments that disclosed ineffective ICFR. The consistent level – around 39% – since 2013 indicates that … Continue reading