For fiscal year 2021, 11 accounting firms shared Germany’s audit market of the top companies comprising the DAX 40, MDAX 50, and SDAX 70 indexes trading on XETRA. Unsurprisingly, the Big Four accounted for 88.7% of the market share for … Continue reading
Category Archives: Market Share
Who Audits Public Companies – 2022 Edition
This is Audit Analytics’ annual market share analysis of auditor engagements at public companies. Using our Auditor Engagements data, it looks at who is currently conducting audits of SEC public registrants, based on reports filed with the SEC since March … Continue reading
IPOs Cool Off: Q1 2022 IPO Trends
Eighty-four companies conducted initial public offerings (IPOs) on the NYSE and Nasdaq during the first quarter of 2022. These companies raised a total of $11.3 billion. Special purpose acquisition companies (SPACs) continued to outpace traditional IPOs, representing about two-thirds of … Continue reading
Cannabis Market Audit Firm Landscape
The cannabis public company market is growing fast into a valuable, widespread industry. Audits of these cannabis companies are unique, requiring an understanding of the market and diverse operations. The industry includes companies with operations that directly handle cannabis, such … Continue reading
Audit Firm Merger: BKD and Dixon Hughes Goodman
On February 17, 2022, national accounting firms BKD and Dixon Hughes Goodman announced their practices were merging. As of 2021, both are Top 20 firms, according to Accounting Today. The newly combined firm will see a growth in market share … Continue reading
Top SPAC Auditors Growing Market Share Through Acquisition
The top two auditors of SPACs, Marcum and Withum, are growing their businesses through firm acquisitions. Marcum and RotenbergMeril On February 1, 2022, Marcum announced that New Jersey-based firm RotenbergMeril will be joining the firm. The addition of this firm … Continue reading
2021 IPOs: Auditor Market Share and Stats
More than 1,000 companies conducted an initial public offering (IPO) on the Nasdaq and NYSE exchanges during 2021. Together, these 1,046 companies raised $668 billion, an average of $639 million per offering. Building on recent trends, special purpose acquisition companies … Continue reading