In our latest report, Going Concerns: A Twenty- Year Review, we examine the trends and statistics of going concerns (opinions qualified by an uncertainty regarding the going concern assumption) filed with the Securities and Exchange Commission since 2000. Leveraging the Audit … Continue reading
Category Archives: Audit + Compliance
Auditor Changes Roundup: 2020 Annual Summary
Baker Tilly US LLP, with a net of 26 new SEC audit clients, accounts for the largest number of new clients among auditor changes in 2020. BF Borgers CPA PC followed with a net of 21 new SEC audit clients. Ernst & … Continue reading
2020 IPO Accounting and Legal Fees
There were 474 initial public offerings in 2020 – the highest amount of IPOs in a single year since 2000. Interestingly, as noted in our previous analyses, 2020’s IPO activity was primarily driven by blank checks and special purpose acquisition … 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
Q4 2020 IPOs: Auditor Market Share and Stats
Overview There were an unprecedented 210 initial public offerings in U.S. markets between October 1, 2020, and December 31, 2020. Together, these 210 IPOs raised over $65 billion, an increase of over $56 billion from the same period last year and an increase … Continue reading
A Look Back at 2020
As 2020 comes to a close, it’s fair to say we’re all looking forward to the New Year; 2020 brought a year of uncertainty, filled with unprecedented events surrounding the Coronavirus pandemic that shook the world. However, despite the challenges, … Continue reading
Auditor Changes Roundup: Q3 2020
Cohen & Company, Grant Thornton, and Marcum, each with a net of three new SEC audit clients, account for the most SEC audit clients gained among all firms in Q3 2020. As mentioned in Accounting Today, EY had the most … Continue reading