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
Category Archives: Corporate + Legal
2018-2019 IPO Accounting and Legal Fees
How much do IPOs pay in accounting and legal fees? According to our analysis, the average amount of accounting and legal fees paid by initial public offerings in 2019 totaled roughly $2.2 million – with accounting fees averaging just under … Continue reading
An Update on Law Firm Market Share
Over the past two years, more than 2,500 SEC registered companies disclosed material federal civil litigation.1 With over 1,600 different law firms representing these companies, the competition for litigation market share remains tight. In our previous law firm market share … Continue reading
A Look Back at 2019
As 2019 comes to an end, let’s look back at some of our top posts and topics we’ve covered this year. Quarterly Updates The following posts are updated each quarter: Auditor Changes IPOs: Auditor Market Share and Stats Annual Updates … Continue reading
2019 Transfer Agent Market Share
Transfer agents are appointed by companies with publicly traded securities to track individuals that own their stocks and bonds. Audit Analytics annually examines the market share of transfer agents appointed by active SEC registrants, looking at the absolute number of … Continue reading
Accounting and Auditing Enforcement Releases (AAERs): Q1 and Q2 of 2019
An extended version of this article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Refinitiv Eikon, FactSet, and S&P Global. The Securities and Exchange Commission (SEC) provides a list of certain enforcement actions related … Continue reading
Considering Internal Whistleblower Systems When Evaluating External Risk
Whistleblowers can serve as an integral component for identifying and stopping securities fraud. According to PricewaterhouseCooper’s 2016 Global Economic Crime Survey, 33% of suspicious activity was identified by internal reporting from staff and an additional 10% of suspicious activity was … Continue reading