Marcum was the clear leader for new SEC engagements in calendar year 2022, gaining 103 new clients throughout the year. This is a stark contrast from 2021, when Marcum had 110 departures and lost a net of 90 clients. FORVIS … Continue reading
Author Archives: Sarah Keohane
2021 Auditor Market Share of Insurance Companies
Since all insurance laws and regulations are established individually by state, the National Association of Insurance Commissioners (NAIC) was organized to coordinate standards and regulations nationwide. Unless a company receives an exemption from filing, the NAIC requires all members to … Continue reading
Auditor Changes Roundup: Q4 2022
Marcum continued to lead the way for auditor changes this quarter, gaining a net of 42 engagements in Q4 2022. Marcum continues to reap the benefits of its September 1 merger, gaining 43 new clients from Friedman in Q4. Overall, … Continue reading
2021 Auditor Market Share of Banking Institutions
Banking institutions are defined as financial institutions which are legally allowed to accept monetary deposits from consumers. Audit Analytics’ Bank Holding Companies database collects records dating back to 2005 and covers all banking institutions that file forms FR Y-9C, FR … Continue reading
2022 IPOs: Auditor Market Share Analysis
The Nasdaq and NYSE exchanges saw only 191 initial public offerings (IPOs) in 2022. Together, these companies raised just over $21.5 billion, an average of $112.9 million per offering. Total IPOs reached a five-year low in 2022, dropping 81.9% from … Continue reading
Going Concern Trends in Europe: 2021
In the last three years, public companies listed on regulated European exchanges have seen the highest rates of going concern opinions over the past twelve years. Overview European-listed companies saw the largest increase in going concern opinions in FY2019 since … Continue reading
Auditor Changes Roundup: Q3 2022
Marcum led the way this quarter in new SEC audit clients with a net of 19 new engagements in Q3 2022. Marcum gained 34 clients this quarter, 29 of which came from firm mergers. As mentioned in Accounting Today, 25 … Continue reading