Who audits public companies? This analysis takes a look at the auditor market share among companies listed on France’s top indexes in 2019. Continue reading
Author Archives: Maripat Brown
Who Audits Public Companies – Germany
Note: This post has been updated to reflect auditor changes not previously included in this analysis, specifically relating to the DAX 30. There are 12 accounting firms that audit Germany’s top 160 companies. Perhaps coming as no surprise, the Big … Continue reading
Ties to be Severed Between the Auditing and Consulting Arms of the Big Four in the UK
The Financial Reporting Council (FRC) is now acting on changes recommended by the recent independent reviews of the audit market in the UK. Deloitte, EY, KPMG, and PwC have each been notified on 6 July 2020 that they have four … Continue reading
Mandatory Audit Firm Rotation in the FTSE 350
Thirty-four FTSE 350 companies are required to rotate audit firms or conduct a tender process by 2023, according to EU Regulation 537/2014. The intention of mandatory audit firm rotation is to improve audit quality by limiting risks of repeated inaccuracies, encouraging … Continue reading
European Audit Opinions Signed by Country
It is no surprise that COVID-19 has greatly impacted just about everything at this point; the worldwide pandemic has had such far-reaching effects, we’re only now beginning to understand how far the ripple goes. With that said, it’s also no … Continue reading
Doubt About Going Concern Basis Results in Disclaimer of Opinion
On 30 April 2020, Ernst & Young LLP (UK) issued a disclaimer of opinion for Nostrum Oil & Gas PLC [LON:NOG], formerly Zhaikmunai L.P. The independent oil and gas exploration company is based in Kazakhstan, headquartered in the Netherlands, and … Continue reading
Coronavirus Prompts FCA to Request Delay in Preliminary Financials
The Financial Conduct Authority (FCA) is taking measures to ensure that companies take the time they need to address the challenging and complex events coronavirus (COVID-19) has caused in recent weeks when preparing their annual financial statements. As a result, … Continue reading