Using our CompanyIQ SEC research database, we analyzed the annual 10-K filings of R3000 and S&P 500 companies for 2020 to 2023 to provide an overview of auditor tenure, auditor changes, auditor market share, and audit fees. A review of Russell 3000 and S&P 500 companies over the past four years indicate that they rarely…
With auditing firms proposing double digit increases due to inflation and higher labor costs, we used our CompanyIQ® Audit Fees database to review audit fees among Russell 3000 companies. Year to date, 2021 average audit fees are showing a modest 1% increase.
MyLogIQ’s 2018 Audit Fee Report finds that after a significant rise in public company audit fees in 2017, the growth in median fees paid fell in 2018. Using our CompanyIQ® platform, we reviewed the 2019 SEC filings (annual DEF 14A proxy statements) of some 6,100 public companies to identify their spending on auditors for the…
Partnering with NACD, we used the CompanyIQ® corporate governance database to look at non-traditional committees and their directors in the Russell 3000. Percentage of new directors that took seats on traditional committees in 2017-2018 Audit – 38% Compensation – 26% Nominating/Governance – 20%
Using the CompanyIQ® SEC EDGAR search tool, reviewed disclosures for public companies in the Russell 3000 index for 2019, 2018, and 2017. 36 companies in the Russell 3000 have a going concern present in the auditor opinion. Nearly 60%, 21 of the 36, are pharmaceutical companies. Two of the notable companies are PG&E and Wells…
Financial Executives Research Foundation (FERF), the independent, non-profit research affiliate of Financial Executives International (FEI), today released the findings of its annual Audit Fee Survey Report. With audit fee data from the CompanyIQ® database, FERF’s 2017 Audit Fee Survey Report found that the rise in public company and non-profit audit fees is slowing, while private companies saw…