Last week, the Center for Audit Quality released its fifth annual Audit Committee Transparency Barometer. Compiled and published with Audit Analytics, the Barometer provides a year-over-year comparison in key audit committee disclosure areas and assesses the extent of audit committee … Continue reading
Author Archives: Michalina Bogdan
Supreme Court’s Ruling on Employment Arbitration and Class Actions
Individually, an employee going against his/her employer for a claim runs the risk of costly legal fees that may — most assuredly — add up to more than what the claim is for. However, joining with other employees in a … Continue reading
Companies Paying Less in Accounting and Legal Fees to IPO
The average amount of accounting and legal fees disclosed by IPO companies slightly declined in 2017. Compared to 2016, average accounting fees in 2017 decreased 10% to $0.85 million and average legal fees decreased 16% to $1.42 million. Audit Analytics … Continue reading
2017 Audit Committee Transparency Barometer
The Center for Audit Quality has released its fourth annual Audit Committee Transparency Barometer. The Barometer, compiled and published in partnership with Audit Analytics, provides a year-over-year comparison in key audit committee disclosure areas and assesses the extent of audit committee disclosures … Continue reading
IPO Accounting and Legal Fees: 2016 Update
The average accounting and legal fees disclosed by IPO companies ticked up slightly in 2016. Average accounting fees increased 24% to $0.95 million and average legal fees increased 15% to $1.69 million. This represents a reversal of the downward trend that was … Continue reading
2016 Audit Committee Transparency Barometer
On Tuesday, the Center for Audit Quality released its third annual Audit Committee Transparency Barometer. Compiled and published in partnership with Audit Analytics, the Barometer evaluates the extent of audit committee disclosures for the S&P 1500 Composite companies, broken out … Continue reading
IPO Accounting and Legal Fees: 2015 Update
The average total accounting and legal fees for IPO companies in US markets dropped again in 2015, continuing a downward trend line from a peak in 2013. Average accounting fees in 2015 declined by 23% while average legal fees declined by … Continue reading