Note: This post was updated to reflect a change in the first table (Highest % Votes Against per Year). The original table incorrectly included Dynasil Corp of America as having the highest percentage of votes against in 2018. An analysis … Continue reading
Category Archives: Accounting + Oversight
Trends in Cybersecurity Breach Disclosures
In our latest report, Trends in Cybersecurity Breach Disclosures, we delve into the trends and statistics of public company cybersecurity disclosures. Over the past ten years, cybersecurity has become increasingly important for public companies, as both business and commerce have … Continue reading
PCAOB Debuts New Inspection Report Format
This morning, the Public Company Accounting Oversight Board (PCAOB) issued the 2018 inspection reports for the six largest U.S. audit firms: Deloitte, EY, KPMG, PwC, BDO, and Grant Thornton. These reports are delivered in a new, redesigned format – marking … Continue reading
An Update on CAMs
Critical audit matters (CAMs), as required by AS 3101, took effect for audits of large accelerated filers with fiscal years ending on or after June 30, 2019. The majority of large accelerated filers have fiscal years ending on December 31, … Continue reading
Critical Audit Matters in Audit Committee Disclosures
As the implementation of the new disclosure requirement for critical audit matters (CAMs) continues, Audit Analytics is examining S&P 1500 companies that have disclosed the audit committee’s role in CAMs. CAMs are matters which arise during the audit that are … Continue reading
Accounting and Auditing Enforcement Releases (AAERs): Q3 and Q4 2019
The Securities and Exchange Commission (SEC) provides a list of certain enforcement actions related to financial reporting concerning administrative proceedings and civil lawsuits. These Accounting and Auditing Enforcement Releases (AAERs) are analyzed by Audit Analytics and key data points are … Continue reading
An Updated Overview of CAMs
Critical audit matters (CAMs), as required by AS 3101, took effect for audits of large accelerated filers with fiscal years ending on or after June 30, 2019. The majority of large accelerated filers have fiscal years ending on December 31, … Continue reading