FORVIS led the way this quarter in new SEC audit clients with a net of 26 new engagements in Q2 2022. FORVIS comes from the merger of BKD and DHG. The two firms agreed to a merger of equals in … Continue reading
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Q2 2022 Initial Public Offering Trends: 2022 Slowdown Continues
The number and size of initial public offerings (IPOs) continued to decline during the second quarter of 2022. There were 46 IPOs during Q2 that raised a combined $5.3 billion. This was the fewest IPOs since Q1 2020 (38) and … Continue reading
Auditor Changes Roundup: Q1 2022
J&S Associate led the way this quarter of new SEC audit clients with a net of five new engagements in Q1 2022. This broke BF Borgers streak from the last three quarters, although they still netted four new engagements to … Continue reading
Adjustments Continue to Decline in 2021
Adjustments to financial statements – known as out-of-period adjustments – fell to a low of just 114 during 2021. This fall represents a 17% decline from 2020 and is part of a broader fall seen since 2016. Out-of-period adjustments are … Continue reading
Auditor Changes Roundup: Q4 2021
BF Borgers had the greatest number of new SEC audit clients for the third quarter in a row, with a net of eight new engagements in Q4 2021. As mentioned in the recent Accounting Today article, with the decrease in … Continue reading