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2 May 2024, 2:30 am by Meredith Ervine
Here are some takeaways from the summary: – 239 audit firms conducted audits for 6,607 registrants – The top ten firms audited 68% of registrants – Among large accelerated filers, the Big Four audited 90% of registrants – Audit firm market share was diverse among SRCs, with several firms outside of the Big Four holding a top spot – The Big Four generally topped the lists and, excluding SPACs, the fourth Big Four player had a 5% market share lead on the audit firm ranked… [read post]
4 Apr 2024, 9:01 pm by Meredith Ervine
., segment reporting) – Non-GAAP compliance – Critical accounting estimates disclosures in MD&A – Disclosures regarding supplier finance programs in notes to the financial statements and in MD&A – Disclosures by China-based issuers – Inflation disclosures, ensuring that disclosure addresses particularized risks and impacts specific to the company – Interest rate and liquidity risk disclosures – Emerging areas, including AI and exposure to commercial… [read post]