The Audit Analytics Accounting Quality + Risk Matrix (AQRM) makes it easy to identify accounting, audit, and governance red flags for public companies. This blog series breaks down the risks associated with specific firm-level events included in the AQRM. Shareholder activism is the process … Continue reading
Category Archives: Corporate + Legal
Initial Public Offerings: Recent Trends in Corporate Governance Risks
Audit Analytics recently released a new report, Initial Public Offerings: Recent Trends in Corporate Governance Risks. Leveraging our extensive databases, the report provides a deeper look at the risks that initial public offerings offer to investors, regulators, and other financial … Continue reading
How the SEC’s Focus on Climate Change Might Affect Comment Letters
On Wednesday, Acting SEC Chair Allison Herren Lee directed the Division of Corporation Finance to begin focusing on climate-related disclosures. This is the first action the SEC has taken to address climate-related disclosure since the Commission’s 2010 Interpretive Guidance. The … 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
SPAC Popularity Continues to Grow
2020 was the year of the special purpose acquisition company (SPAC) initial public offerings (IPOs). The somewhat controversial method of going public represented more than half of all IPOs last year. The growth in popularity of SPACs has been evident … 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
Withum, Marcum Lead Auditors for Blank Check IPOs
When it comes to blank check initial public offerings (IPOs), two firms dominate the market: Withum and Marcum. Together, these two firms account for 90.2% of all blank check IPOs from January 1, 2019 to September 30, 2020, with 156 … Continue reading