In this post we kick off what we hope will be an annual series. It is a full-year recap of some of the most notable SEC disclosures that we track: a “best-of-the-year” review. In this first post, we’ll look at the largest restatement; the … Continue reading
Author Archives: Audit Analytics Staff
AAA Annual Meeting 2015 Recap
Audit Analytics was honored to participate at another successful Annual Meeting of the American Accounting Association. It was great to see so many friends and colleagues and talk about the latest research in the accounting field. Lots of professors this year … Continue reading
Auditor Tenure and Auditor Rotation among the Russell 3000
Last year, in a post about Honeywell International (NYSE: HON) switching auditors after a 45-year relationship with PwC, we looked at a sample of auditor tenure across the S&P 500. The main takeaway: long auditor tenure is not unusual in the U.S., and … Continue reading
Tax Changes and Foreign Entities
Large multinational companies generate revenue from multiple regions, and have assets and employees throughout the world. Recently, there has been an uptick in the number of U.S.-based companies reincorporating abroad in ‘domiciles of convenience’ to benefit from various tax and … Continue reading
Audit Fees and Non-Audit Fees: A Twelve Year Trend
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Audit Analytics released its annual Audit Fee report yesterday. Titled “Audit Fees and Non-audit Fees: A Twelve Year Trend”, the report is available free to subscribers or for purchase to non-subscribers. Overall, the research showed that for 2013 the ratio of … Continue reading
Moving to Europe? Auditor Tenure and Reg 537
Corporate income taxes continue to be a hot topic in the news, especially with the recent controversy surrounding inversions. At the center of many of these debates are the foreign earnings that multinational companies claim to be indefinitely reinvested. Such … Continue reading
Non-Timely Filings: An Overview
Companies, like we individual taxpayers, have to file their annual and quarterly reports within a given time frame. What happens when a company won’t be able to meet the filing deadline? Just as an individual can easily obtain an extension … Continue reading