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
Author Archives: Kayla Coello
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
The Ukrainian-Russian Conflict’s Effect on European Key Audit Matters
It has been a year since the invasion of Ukraine by Russian forces, a momentous event that has made a global impact. In an effort to gain some insight into how the conflict has affected public companies, we analyze European … Continue reading
2021 Auditor Market Share of Broker-Dealers
Broker-Dealers are firms or individuals in the business of buying and selling securities on their clients’ behalf or for themselves. They are required by the SEC to have their financial statements audited annually, disclosed in x-17a-5 filings. The Broker Dealers … Continue reading
2022 Audit Firm Market Share of Private Funds
In general, private funds fall into two main categories: private equity funds (42%) and hedge funds (24%). However, there are additional smaller types of private funds that include venture capitalist funds (14%), real estate funds (8%), and others (12%). Registered … Continue reading
Q4 2022 IPO Trends: IPO Market Plummets
The number and size of initial public offerings (IPOs) continued a drastic decline during the fourth quarter of 2022. In total, 20 IPOs raised a combined total of $1.9 billion during Q4. In comparison to Q3, the number of IPOs … Continue reading
Finance Industry Going Concerns Trend
In our most recent published report, Going Concerns: A 22-Year Review, Audit Analytics provides a comprehensive overview of trends in the SEC Audit Opinion market. Utilizing our data, research can be narrowed down to investigate specific industry trends using company … Continue reading