How much should an audit cost? The answer is not as simple as just charging an hourly rate. Many factors affect the overall cost of an audit: the amount of time and labor needed to perform the audit, the complexity … Continue reading
Category Archives: Audit + Compliance
Twenty Year Review of Audit & Non-Audit Fee Trends Report
Audit Analytics recently released its latest report, Twenty Year Review of Audit and Non-Audit Fee Trends. Using data from our SEC Audit Fees database, this report provides a detailed analysis and comparison of trends in audit and non-audit fees disclosed … Continue reading
Auditor Changes Roundup: Q2 2022
FORVIS led the way this quarter in new SEC audit clients with a net of 26 new engagements in Q2 2022. FORVIS comes from the merger of BKD and DHG. The two firms agreed to a merger of equals in … Continue reading
SOX 404 Disclosures: An Eighteen-Year Review
Audit Analytics recently released a new report, SOX 404 Disclosures: An Eighteen-Year Review. This annual report takes a closer look at trends in internal controls over financial reporting (ICFR) disclosures, spanning from fiscal years 2004 to 2021. Section 404 of … Continue reading
Auditor Changes Roundup: Q1 2022
J&S Associate led the way this quarter of new SEC audit clients with a net of five new engagements in Q1 2022. This broke BF Borgers streak from the last three quarters, although they still netted four new engagements to … Continue reading
Who Audits Public Companies – 2022 Edition
This is Audit Analytics’ annual market share analysis of auditor engagements at public companies. Using our Auditor Engagements data, it looks at who is currently conducting audits of SEC public registrants, based on reports filed with the SEC since March … Continue reading
2021 Financial Restatements Review
Audit Analytics released its annual Financial Restatements report this week. This report examines the trends and statistics of financial restatements filed with the Securities and Exchange Commission since 2002. Using data from the Audit Analytics Restatements database, the report takes … Continue reading