Pledged securities – shares of a public company pledged by their owner as collateral – present a potentially serious risk to a company’s governance and share price if those shares are ever called as collateral. These risks include forfeitures of … Continue reading
Category Archives: Funds + Securities
AQRM Red Flags: Insiders
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. Red … Continue reading
Debt Offerings Surged in 2020
Following the uncertainty of COVID-19, many companies took to the debt markets to ensure they could cover short-term obligations and operating expenses. The explosion of debt offerings culminated in the total amount of notes and bonds eclipsing $2 trillion based … Continue reading
Who Audits Mutual Funds – Mutual Fund Audit Fees
Wrapping up our series on mutual funds, here we examine the market share for audit and non-audit fees by audit firm. The Audit Analytics’ Funds + Securities Audit Fee database tracks audit and non-audit fees paid by mutual funds to … Continue reading
Pledged Securities in SPACs Pose Double Risk
Pledging securities, when a beneficial owner pledges their company shares as collateral, poses significant risks to corporate governance and share price. This risk is heightened when securities related to a special purpose acquisition company (SPAC) investment are pledged, due to … Continue reading
Who Audits Mutual Funds – Fund Type Market Share
In this third installment of the mutual fund market share series, we look at how fund type impacts the audit market, analyzing 6 fund types. Continue reading
Who Audits Mutual Funds – Regional Market Shares
Auditor Market Share Continue reading