When considering the concentration of the audit market – that is, how competitive the market is between audit firms – there is more than one way to measure control of the market beyond the number of clients an audit firm … Continue reading
Category Archives: Market Share
Auditor Changes Roundup: Q1 2019
Deloitte, with a net of nine new SEC audit clients, accounts for the most new SEC audit clients among all firms in Q1 2019. Deloitte holds the top spot for most new clients among the Big Four and the major … Continue reading
Q1 2019 IPOs: Auditor Market Share and Stats
Overview There were 40 initial public offerings (IPOs) in U.S. markets between January 1, 2019, and March 31, 2019. These IPOs raised over $7.7 billion for the quarter, a decrease of over $1.7 billion from last quarter and a decrease … Continue reading
CMA Releases Final Report on the Statutory Audit Market
Last week, the Competition & Markets Authority (CMA) released its final report, concluding its investigation into the UK audit market. The report recommended some major reforms “to address serious competition problems in the UK audit industry”. The study, which was … Continue reading
Auditor Changes Roundup: 2018 Annual Summary
Plante & Moran, with a net of 34 new SEC audit clients, accounts for the largest number of new clients among all audit firms in 2018. A merger with EKS&H in Q4 2018 brought on 31 of Plante & Moran’s … Continue reading
Auditor Changes Roundup: Q4 2018
Plante & Moran, with a net of 33 new SEC audit clients, accounts for the largest number of new clients among all firms this quarter. Prager Metis followed with 26 new clients. The October 2018 merger between Plante & Moran … Continue reading
Q4 2018 IPOs: Auditor Market Share and Stats
Overview There were 55 initial public offerings in U.S. markets between October 1, 2018, and December 31, 2018. These 55 IPOs raised roughly $9.5 billion, a decrease of over $3 billion from the same period last year and a decrease of $4 billion … Continue reading