Audit Analytics has released its annual audit fees report, Sixteen Year Review of Audit Fee and Non-Audit Fee Trends, which focuses on the audit and non-audit fees paid and disclosed by accelerated and large accelerated filers over a sixteen-year period. … Continue reading
Category Archives: Reports
Long-Term Trends in Non-GAAP Disclosures: A Three-Year Overview
Regulation G, adopted by the SEC in 2003, established a regulatory framework that companies must follow to present metrics that are not calculated in accordance with GAAP. Regulation G defines a non-GAAP metric as a numerical measure that excludes amounts … Continue reading
SOX 404 Disclosures: A Fourteen Year Review
The Sarbanes-Oxley Act of 2002 was passed by Congress to better protect investors. Section 404 of this act (SOX 404) requires companies to review their internal controls over financial reporting (ICFR) and declare whether they are “effective” or “ineffective”. In … Continue reading
2017 Financial Restatements Review
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 a seventeen-year period. Some key highlights include: Reissuance Restatements declined for the eleventh year in a row. … Continue reading
A Fifteen Year Review of Audit Fees
Audit Analytics has released its annual audit fees report, Audit Fees and Non-Audit Fees: A Fifteen Year Trend, which focuses on the audit and non-audit fees paid and disclosed by accelerated and large accelerated filers. A review of non-audit fees … Continue reading
SOX 404 Disclosures: A Thirteen Year Review
The Sarbanes-Oxley Act of 2002 was passed by Congress to better protect investors. Section 404 of this act (SOX 404) requires companies to review their internal controls over financial reporting (ICFR) and declare whether their ICFRs are “effective” or “ineffective”. … Continue reading
Predicting Material Weakness
Audit Analytics has released a white paper, Predicting Material Weakness, which discusses how certain company events and disclosures—such as late filings, auditor changes, or CEO / CFO departures—can be used to predict the probability that the company will also have … Continue reading