Key Findings The overall number of comment letters issued by the SEC has decreased since 2010 The percentage of comment letters referencing a non-GAAP metric increased through 2017, but has been trending downward in the first 6 months of 2018 … Continue reading
Category Archives: SEC
Audit Analytics for Regional Accounting Firms
Frazier & Deeter LLC is a full-service accounting firm, headquartered in Atlanta, Georgia. Operating across all industries, Frazier & Deeter offers a wide range of tax, audit, accounting and advisory services. Bill Godshall is the lead quality control Partner for … 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
Cybersecurity Data Every Accountant Should Have
The SEC recently issued new guidance on cybersecurity disclosure and policies, and it is no wonder. According to an updated Audit Analytics analysis, nearly 65% of affected public companies did not report a cybersecurity breach to the SEC. As policies change, … Continue reading
Audit Analytics for the Classroom
Audit Analytics has become an integral part of the accounting research community. Cited in numerous scholarly papers and used by over 260 universities worldwide, Audit Analytics is a leading source for examining public company disclosures, issues, and trends. Audit Analytics provides … Continue reading
Nearly 65% of Affected Public Companies Did Not Report Cybersecurity Breaches to the SEC
Over 90% of the Russell 3000 companies see cybersecurity as a significant risk and provide the cyber risk disclosure in the Risk Factors section. This should come as no surprise – the number of cyber breaches for companies registered with … Continue reading
Non-GAAP Reporting One Year After New SEC Guidance
Audit Analytics released our latest report, Corporate Implementation of SEC’s Compliance & Disclosure Interpretations Regarding Non-GAAP Financial Measures, at this year’s annual AICPA conference on current SEC and PCAOB developments, held in Washington, D.C. The SEC recently provided an update to the Compliance & Disclosure … Continue reading