Note: This blog has been updated to reflect a correction in the first table. A previous version displayed gross audit fees won, the updated version shows net audit fees won. Grant Thornton, with a net of 12 new SEC audit … Continue reading
Author Archives: Steven Dixon
Auditor Changes in Canada: 2020
Note: All amounts stated are in Canadian dollars In 2020, Canadian auditor departures decreased by 31.9%, with 230 departures observed throughout the year, compared to 338 departures seen in 2019. The percentage of resignations saw a break in the trend, with … Continue reading
Auditor Changes Roundup: 2020 Annual Summary
Note: This blog has been updated to reflect a correction in the first table. A previous version displayed gross audit fees won, the updated version shows net audit fees won. Baker Tilly US LLP, with a net of 26 new … Continue reading
Auditor Changes Roundup: Q4 2020
Baker Tilly US LLP, with a net of 29 new SEC audit clients, accounts for the most SEC audit clients gained among auditor changes in Q4 2020. As mentioned in Accounting Today, Friedman LLP and BF Borgers CPA PC had … Continue reading
BDO Accounts for Most New LSE Audit Clients in 2019
Audit Analytics has recorded 217 auditor departures in 2019 by companies listed on the London Stock Exchange (LSE), including the Alternative Investment Market (AIM). BDO, once again, led the way netting 29 new audit clients of LSE- listed companies. Ernst & … Continue reading
Canadian Audit Fees Still on the Rise
Similar to the trends we’ve seen among SEC registrants, the number of SEDAR issuers has been declining over the years. In 2019, only 2,350 Canadian issuers reported audit fees – a substantial 34.5% decrease from the 2,963 issuers in 2018. This decline in issuers … Continue reading
An Overview of KAMs – 2019
Since our last analysis of key audit matters in December 2019, the Audit Analytics KAMs database has grown to include over 40,000 KAMs from the audit opinions of over 4,600 companies. KAMs, required under ISA 701 for fiscal years ending … Continue reading