We published our first blog post in October of 2012. Over the past five years, our analysts have shared their insights into various auditing and accounting trends and issues. Publishing more than 300 blogs, we have covered a vast array of … Continue reading
Category Archives: Director & Officer Changes
Predicting Material Weakness
Audit Analytics has released a white paper, Predicting Material Weakness, which discusses how certain company events and disclosures—such as late filings, auditor changes, or CEO / CFO departures—can be used to predict the probability that the company will also have … Continue reading
Cybersecurity Experts on the Board of Directors
Cyber breaches are still going strong. Each year seems to be dubbed the new “Year of the Breach.” With 60 breaches of publicly traded companies, including one of the largest breaches of all time at Yahoo, 2016 was no different. … Continue reading
2016 CEO and CFO Departures
There were 21,251 total changes in board director and officer positions in 2016 per 8-K item 5.02. Of those D&O changes, 1,022 involved CEO departures and 1,169 involved CFO departures. While not given in every filing, a reason for the departure … Continue reading
Slacking is Status Quo after Christmas. Here’s Proof in SEC Filings.
If any extra motivation is needed to take that last sick day of the year around the holidays feel free to justify it with SEC filing data. Over the past five years there’s been a decrease in filings of about 50% … Continue reading
Warning Signs Leading to Securities Litigation
Over the past 10 years, major drivers behind securities litigation were either financial restatements and misrepresentations or significant corporate events (such as IPOs and M&A activity). Material restatements are very likely to trigger a legal action. Yet, the key question that … Continue reading
The Importance of Director and Officer Changes
Earlier this year we explored departure statistics regarding general counsel and chief legal officers. In this blog, we provide an update for this year’s departures involving all director and officer positions. So far, there have been over 8,400 records filed during 2016 with the … Continue reading