Broker-Dealers are firms or individuals in the business of buying and selling securities on their clients’ behalf or for themselves. They are required by the SEC to have their financial statements audited annually, disclosed in x-17a-5 filings. The Broker Dealers … Continue reading
Category Archives: Market Share
2021 Auditor Market Share of Insurance Companies
Since all insurance laws and regulations are established individually by state, the National Association of Insurance Commissioners (NAIC) was organized to coordinate standards and regulations nationwide. Unless a company receives an exemption from filing, the NAIC requires all members to … Continue reading
Auditor Changes Roundup: Q4 2022
Marcum continued to lead the way for auditor changes this quarter, gaining a net of 42 engagements in Q4 2022. Marcum continues to reap the benefits of its September 1 merger, gaining 43 new clients from Friedman in Q4. Overall, … Continue reading
Transfer Agent Market Share – 2022
A transfer agent is assigned by a corporation with publicly traded securities to track individuals that own their stocks and bonds. Transfer agents have several responsibilities, including executing shareholder transactions and maintaining shareholder records. Audit Analytics tracked 10,107 transfer agent … Continue reading
Auditor Changes Roundup: Q3 2022
Marcum led the way this quarter in new SEC audit clients with a net of 19 new engagements in Q3 2022. Marcum gained 34 clients this quarter, 29 of which came from firm mergers. As mentioned in Accounting Today, 25 … Continue reading
Who Audits Public Companies – The Netherlands 2021
Similar to our previous analysis of 2020’s audit firm market share, the Big Four continued their oligopoly across the top three indexes on the Euronext Amsterdam in 2021. EY took the lead in engagements, by auditing 28% of the companies … Continue reading
Who Audits Public Companies – United Kingdom 2021
Overall, the Big Four firms retained 83.1% of the market share for the major UK indices in 2021. This is a slight decline from the 84.3% market concentration seen in 2020. While PwC signed opinions for 26.6% of major LSE index-listed firms, … Continue reading