SEC Enforcement Highlights Late Filing Disclosure Risks

On April 29, the SEC’s Enforcement Division announced charges against eight companies for failure to disclose complete information in Form NT (non-timely). The companies delayed issuing financial statements due, at least in part, to errors in previously issued financial statements, … Continue reading

Storytelling with Audit Analytics Europe

As the Audit Analytics Europe databases continue to grow in breadth and depth, we watch some interesting stories unfold. For example, AIM-listed London-based advertising agency M&C Saatchi [LON:SAA] has faced a few challenges in the past year and a half.   From 1 October 2020 to 7 December 2020, the … Continue reading

Taxes, Liabilities Among Common Reasons for Financial Restatements in Europe

Audit Analytics recently released the Europe Financial Restatements database, consisting of financial restatements for accounting errors due to accounting rule misapplications, clerical issues, and fraud. Collected from English language press releases, annual reports, and interim reports issued between January 2018 and … Continue reading