The uncertainty caused by COVID-19 is causing companies in Europe to reevaluate their ability to continue as a going concern. A going concern modification is the expressed uncertainty that a company is unable to continue in the near future. Generally … Continue reading
Category Archives: Going Concerns
Going Concern Modifications in Europe
A going concern modification is the expressed uncertainty that a company is unable to continue in the near future. Generally speaking, this uncertainty relates to whether the company will exist for another 12 months. Audit Analytics recently started collecting going … Continue reading
Going Concerns – An Eighteen Year Review
In our latest report, 2017 Going Concerns: An Eighteen Year Review, we examine the trends and statistics of going concern audit opinions filed with the Securities and Exchange Commission since 2000. This report analyzes going concern totals and percentages of … Continue reading
Going Concerns – A Seventeen Year Review
Audit Analytics annual report, 2016 Going Concerns – A Seventeen Year Review, is now available. This report, which looks at going concern opinions over the last seventeen years, analyzes going concern totals and percentages of total opinions by year with a … Continue reading
2015 Going Concerns – A Sixteen Year Review
Audit Analytics recently released a report looking at going concern opinions over the past sixteen years. 2015 Going Concerns – A Sixteen Year Review, analyzes going concern totals and percentages of total opinions by year, as well as information about … Continue reading
Warning Signs Leading to Securities Litigation
Over the past 10 years, major drivers behind securities litigation were either financial restatements and misrepresentations or significant corporate events (such as IPOs and M&A activity). Material restatements are very likely to trigger a legal action. Yet, the key question that … Continue reading
2015 SEC Filing Highlights, Part 1 of 2
In this post, our second annual “best-of-the-year” review, we’ll look at 2015 filings for some of the highlights of the year: the largest restatement, for example, and the biggest overseas stash. We’ll also look at lengthy comment letter correspondence, give a quick recap of … Continue reading