A review of SEC comment letters on forms 10-K, 10-Q, and 8-K shows that the trend of comment letters has continued to decline. Between 2018 and 2019, the number of comment letters fell by roughly 30%; similarly, between 2017 and 2018, there … Continue reading
Category Archives: Corporate + Legal
Academic Literature Review: “Does Advertising Improve Access to Capital for Small Businesses? – Evidence from the JOBS Act”
In this first decade since the beginning of the social media revolution, there have been numerous changes to society in many realms. From commerce to politics and the financial industry amongst them, using this new medium is an innovative approach … Continue reading
Auditor Changes Roundup: Q2 2020
Grant Thornton, with a net of eight new SEC audit clients, accounts for the most SEC audit clients gained among all firms in Q2 2020. As mentioned in Accounting Today, EY had more new engagements during the quarter, but netted … Continue reading
Q2 2020 IPOs: Auditor Market Share and Stats
Overview There were 62 initial public offerings in U.S. markets between April 1, 2020, and June 30, 2020. Together, these IPOs raised over $18.5 billion for the quarter, an increase of over $8.7 billion from last quarter and a decrease of roughly … Continue reading
Trends in SEC Bankruptcy Filings Related to Oil Prices
The sharp decline in oil prices at the beginning of 2020 amidst the COVID-19 pandemic has led to increased speculation about the state of the economy and potential impacts on the financial health of public companies. The collapse of oil … Continue reading
IPO Proceeds: 2015-2019
An initial public offering, more commonly referred to as an IPO, is the process of offering shares of a private corporation to the public in a new stock issuance, therefore becoming a public company. This process – which requires many … Continue reading
SEC Eyes Impairment Testing in Comment Letter Amid Pandemic
Last week, the Securities and Exchange Commission (SEC) released a comment letter to Carlisle Companies Incorporated [CSL] – a global diversified manufacturing company – asking the Company to expand on its disclosure regarding impairment testing in Q1 2020. Carlisle’s annual … Continue reading