Audit Analytics has released a white paper, Predicting Material Weakness, which discusses how certain company events and disclosures—such as late filings, auditor changes, or CEO / CFO departures—can be used to predict the probability that the company will also have … Continue reading
Author Archives: Mercedes Erickson
Q2 IPOs: Auditor Market Share Follow-up
Based on a high volume of interest following our recent Q2 IPO blog, we decided to do a follow-up analysis of IPO auditor market share outside of the Big Four firms. There were 64 initial public offerings in U.S. markets … Continue reading
The Global Six and Auditor Alliance Market Share
Readers of this blog are certainly familiar with the Big Four and the Global Six, but there are a number of firm “alliances” that, while quite large and active, are perhaps not as well known. In particular, the member firms … Continue reading
Who Audits Public Companies – 2017 Edition
Despite the hundred plus IPOs that took place last year, the public company population for this analysis is down from 6,935 to 6,460, a net loss of 475 registrants. The biggest decrease was in the number of so-called “Smaller Reporting Companies”. … Continue reading
NAIC Insurance Company Fee Disclosure Analysis
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance … Continue reading
New Auditor Market Share Analysis
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance … Continue reading
A Century of Opinions: Companies with auditor tenure over 100 years
Note: This post has been edited from a previous version. With the new Form AP auditor engagement requirements soon to be in place, there is much discussion surrounding tenure. In previous posts, we noted that average tenure is between 16-23 years. For this … Continue reading