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
Category Archives: Market Share
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
Who Audits Insurance Companies – 2019 and 2020
Insurance companies registered with the National Association of Insurance Commissioners (NAIC) are required to file audited financial statements unless an exemption is granted. In 2019, 223 different auditors reviewed financials for 3,950 insurance firms. In comparison, in 2020, 219 different … Continue reading
Q4 2021 IPOs: Auditor Market Share and Stats
There were 259 initial public offerings (IPOs) on the Nasdaq and NYSE exchanges between October 1 and December 31, 2021. More than $65 billion was raised, an increase of $15 billion from the previous quarter. This was in line with … Continue reading
Auditors of Broker-Dealers
Firms that are in the business of buying and selling securities, either for their own purposes or on behalf of their clients, are known as broker-dealers. To comply with rules set by the Securities and Exchange Commission, broker-dealers are generally … Continue reading