In the last year, the population of this SEC registrant analysis has decreased from 6,460 registrants to 6,167, a difference of 293 companies, or 4.5%. The continued contraction in the number of smaller companies helped the top 10 firms that … Continue reading
Category Archives: Regulation Oversight
SEC Comment Letters Every Analyst Should Read
As part of its requirements under the Sarbanes-Oxley Act of 2002, the SEC reviews the financial reporting of every public company at least once every three years. If the SEC has questions, the company will receive a SEC Comment Letter. … Continue reading
Impact of New Revenue Recognition Rule on the Russell 3000
As Russell 3000 public companies with December year-ends implement the new revenue recognition standard, we are beginning to see a pattern – smaller companies provide fewer details and generally are not as prepared as larger companies. Smaller companies may lack … Continue reading
PCAOB Seeking Input for Future Direction
The PCAOB needs your help. With a focus on future strategy, the PCAOB is looking for investors, auditors, preparers, audit committee members, and academics to help identify their areas of strength and those needing improvement. Each year, the PCAOB prepares … Continue reading
Going Concerns – A Seventeen Year Review
Audit Analytics annual report, 2016 Going Concerns – A Seventeen Year Review, is now available. This report, which looks at going concern opinions over the last seventeen years, analyzes going concern totals and percentages of total opinions by year with a … Continue reading
What You Should Know About General Electric’s Revenue Recognition Announcement
Note: This post has been updated to include the full, unabridged FactSet article made available on November 12, 2018. General Electric Co [GE] released an update on April 13, which among other things, clarified issues related to the adoption of … Continue reading
ASC 606 Adoption Progress – Q4 Update
We’re beginning to see large U.S. public companies with December year ends completing implementation of the new revenue recognition standard. At the time of our Q2 progress update, many companies were still behind, despite the December deadline for companies who … Continue reading