MNP was the leading audit firm for total new engagements among Canadian auditor changes in calendar year 2022. As one of Canada’s leading firms, MNP pulled in 41 new clients throughout the year. Interestingly, US-based firm BF Borgers saw the … Continue reading
Author Archives: Sarah Keohane
2021 Auditor Market Share of Registered Investment Advisers
A registered investment adviser (RIA) is an individual or firm who manages and advises investment portfolios. Advisers who have more than $110 million in assets under management (AUM) are generally required to register with the SEC. The Registered Investment Advisers … Continue reading
Auditor Changes Roundup: 2022 Annual Summary
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
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