An analysis of the Russell 3000’s material litigation since January 1, 2015, yields over 2,500 cases filed in U.S. federal courts
Category: Corporate + Legal
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
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
2017 Transfer Agent Market Share
For the past five years, we have examined the market share of transfer agents engaged by active SEC registrants. During this
Ranking the Equifax Data Breach
Equifax [EFX] is the latest casualty of a massive data breach. Equifax recently disclosed that a cybersecurity incident may have affected 143
Law Firm Market Share
Over the past two years, approximately 2,300 SEC registered companies have disclosed material, federal civil litigation. With over 1,800 different law firms representing
What’s with SNAP’s IPO Accounting Fees?
Snap, Inc.’s recent IPO was the largest since 2014, and represents another landmark for social media companies. While the biggest question mark
Data Breaches Have Big Cost for Yahoo in Verizon Deal
Cyber attacks have almost become an expectation of 21st century business. From denials of service and data theft to viruses and
The Risks of Internal Controls
Companies are required to maintain and assess the effectiveness of Internal Controls over Financial Reporting (ICFR). Accelerated Filers are required to
Warning Signs Leading to Securities Litigation
Over the past 10 years, major drivers behind securities litigation were either financial restatements and misrepresentations or significant corporate events (such as
IPO Accounting and Legal Fees: 2015 Update
The average total accounting and legal fees for IPO companies in US markets dropped again in 2015, continuing a downward trend
2016 Transfer Agent Market Share
Since 2012, Audit Analytics has examined the market share of Transfer Agents appointed by active SEC registrants, looking at the absolute
New Tool for Law Firm Market Intelligence
Audit Analytics recently introduced a new field designed to answer the question “who counsels who”. On our Company Profile pages, we now
Update on “SEC Comment Letters: A Five Year Trend” (2015)
Last year we published a blog post reporting on the significant decline in the number of SEC comment letters that refer to issues in 10-K
Indefinitely Reinvested Foreign Earnings Still on the Rise
Foreign earnings of U.S. companies, especially those retained overseas as indefinitely reinvested, have received a lot of attention in recent years. Audit
FCPA Pilot Program Sees Results
Earlier this spring, the Department of Justice announced a pilot program for enforcing the Foreign Corrupt Practices Act (FCPA). The program,