What Investors Need to Know About Audits

Posted on November 8, 2019 by Jessica McKeon and Derryck Coleman

On Monday, November 4, 2019, the CFA Society of New York hosted What Investors Need to Know About Audits, a forum that focused on the state of today’s audit process, how it has and continues to change over time, and … Continue reading →

2018 Financial Restatements Review

Posted on August 28, 2019 by Nicole Hallas

The annual Audit Analytics report on financial restatement trends is now available. This report provides a detailed analysis and comparison of trends in financial restatements over an eighteen-year period. When looking at restatements, we categorize them by two levels: reissuance restatements and revision restatements. Reissuance restatements, sometimes … Continue reading →

Accounting and Auditing Enforcement Releases (AAERs): Q1 and Q2 of 2019

Posted on July 24, 2019 by Joanne Ferullo and Nicole Hallas

An extended version of this article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Refinitiv Eikon, FactSet, and S&P Global. The Securities and Exchange Commission (SEC) provides a list of certain enforcement actions related … Continue reading →

Pros and Cons of Using Non-GAAP Metrics for Executive Compensation, Including ESG Considerations

Posted on June 11, 2019 by Olga Usvyatsky

This article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. There has been considerable debate about companies that use non-GAAP metrics for executive compensation and whether these firms are … Continue reading →

ICFR Weakness as a Risk Factor – Similarities in Companies with Ineffective Controls

Posted on May 29, 2019 by Nicole Hallas and Olga Usvyatsky

Note: A version of this article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. Recently we reviewed four companies fined by the Securities and Exchange Commission on January 29, 2019, … Continue reading →

Could SEC Charges Have Been Predicted for GT Advanced Technologies?

Posted on May 21, 2019 by Nicole Hallas and Olga Usvyatsky

Note: This article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. Key Points: SEC fined former CEO of GT Advanced Technologies (GTAT) over $140,000 in connection with making false … Continue reading →