Note: This analysis will be updated to reflect 2020’s market share once all annual reports have been filed. The Big Four firms account for a staggering 98% of the market share across Italy’s top 100 companies. Capturing the other 2% of … Continue reading
Author Archives: Krystle Beaubrun
Who Audits Public Companies – The Netherlands
Here, we examine the auditor market share of Euronext Amsterdam’s top three indexes: the AEX 25, AMX 25, and AScX 25 Continue reading
Audit Opinion Types Available in Our Europe Database
The audit opinion is particularly important to stakeholders, as it provides insight into whether the financial statements are true and reliable for decision making. When an opinion is issued, auditors generally include an explanation for their decision. Because most opinions … Continue reading
Market Concentration of PIEs – An Analysis of Transparency Report Data
According to Article 13 of the Audit Regulation of 2014 (Regulation EU 537/2014), a statutory auditor of a public interest entity (PIE) must publish an annual transparency report on the firm’s website, at the latest four months after the end … Continue reading
Shrinking Auditor Market in the Netherlands
Auditor market share is extremely concentrated in the Netherlands due to the dwindling number of audit firms registered to audit public interest entities (PIEs). In 2018, there were nine audit firms licensed to audit PIEs. However, in the past year, … Continue reading
Auditor Rotation on the FTSE MIB
The FTSE MIB is the benchmark stock index consisting of the 40 most traded companies on the Borsa Italiana. In this post, we’ll examine the auditor tenure and rotation for these companies. Though Italy formally adopted the EU Audit Reform Directive … Continue reading
Insights from Audit Opinions Across Europe Since 2010
This is the second post of our Decade of Data series to highlight our Europe databases containing ten years of data. The Audit Analytics Europe Opinion database currently contains over 64,000 audit opinion records from over 8,800 companies, encompassing 2010-present. With … Continue reading