SOX 404 Disclosures: A Twelve Year Review

Audit Analytics recently released a new report looking at trends in Sarbanes-Oxley (SOX) Section 404 disclosures, which pertain to Internal Controls over Financial Reporting (ICFR). SOX 404 Disclosures: A Twelve Year Review considers both management’s assessment and the auditor’s attestation. Pursuant to SOX … Continue reading

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 Analytics’ annual review of Indefinitely Reinvested Foreign Earnings – Balances Held By the Russell 1000 shows that the total disclosed amount … Continue reading

2015 Audit Committee Transparency Barometer

Last week, the Center for Audit Quality released its second annual Audit Committee Transparency Barometer. The Barometer, compiled and published in partnership with Audit Analytics, evaluates the extent of audit committee disclosures for the S&P 1500 composite companies, broken out by Large Cap … Continue reading