Audit Analytics offers a suite of data products covering public companies listed on European exchanges across 31 countries in the EEA and Switzerland, which includes comprehensive databases of Audit Fees, Audit Opinions, Auditor Changes, Auditor Engagements, Key Audit Matters, and … Continue reading
Author Archives: Steven Dixon
An Updated Overview of KAMs
In a previous post, we looked at the Key Audit Matter (KAM) disclosures of more than 1,200 companies over the past three years and discussed some interesting trends. Now, just nine months later, Audit Analytics has added a significant amount … Continue reading
An Overview of KAMs in the European Banking Sector
Accountancy Europe has performed its second annual survey on the auditor’s reporting of key audit matters (KAMs) in the European banking sector since KAMs became required by EU law and international standards in 2017. One of the main goals of … Continue reading
FTSE 350 Auditor Changes and Fees
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This post has been updated to display fees in GBP.1 Between 2017 and 2018, 36 companies listed on the FTSE 350 changed their auditors, increasing audit fees for 21 of those companies.2 Effective since mid-2016, Directive 2014/56/EU together with Regulation … Continue reading
Annual LSE Auditor Changes
There were 141 audit firm departures in 2018 from companies listed on the London Stock Exchange, including the Alternative Investment Market (AIM). BDO, with a net of 20 new audit clients, accounts for the most new clients among all audit … Continue reading
Trends in the Number of Key Audit Matters Reported
As Audit Analytics’ Key Audit Matters (KAMs) database continues to expand, we are noticing some significant trends in the number of KAMs reported in annual reports. The average number of KAMs reported in 2018 was 2.66 per audit opinion. Interestingly, … Continue reading
European Companies with Frequent Auditor Changes
While much of the concern surrounding audits in Europe revolves around long tenures – audit firms auditing the same client for years, or even decades, on end – it is perhaps more of a concern when a company switches its … Continue reading