The past few years have seen an extreme surge in special purpose acquisition companies, or SPACs. These transactions are viewed by some as favorable to traditional IPOs due to certain benefits they offer, such as an expedited timeline, lower transaction … Continue reading
Category Archives: Corporate + Legal
AQRM Red Flags: Shareholder Activism
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
Impacts of COVID-19 on Public Companies
Audit Analytics recently released a new report, Impacts of COVID-19 on Public Companies. Leveraging our extensive databases, this report provides an in-depth look at the pandemic’s impacts on certain aspects of financial reporting and financial health metrics of public companies. … Continue reading
Q2 2021 IPOs: Auditor Market Share and Stats
There were 181 initial public offerings in U.S. markets between April 1, 2021, and June 30, 2021. Together, these IPOs raised over $85.7 billion – a decrease of $48 billion from last quarter and an increase of over $67 billion … Continue reading
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
Q1 2021 IPOs: Auditor Market Share and Stats
There were 407 initial public offerings in U.S. markets between January 1, 2021, and March 31, 2021; groundbreaking for any quarter since at least 2000. Together, these 407 IPOs raised over $134.6 billion – an increase of over $124 billion … 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