enthusiast

enthusiast

10/17/20 – Auditor changes

Relatively a quiet week with no major changes in auditors. Company Old Auditor New Auditor Thunder Energies Corp BF Borgers Daszkal Bolton Magna Lab Inc RBSM Michael T Studer Franklin Wireless Corp Haskell & White Benjamin & Ko Rocky Mountain…

10/9/20 – Auditor changes

KPMG and PwC gains one audit each while Deloitte loses one client. Interesting fact is that the gains and losses are from and to non-big 4 firms. Company Old Auditor New Auditor Strattec Security Corporation Deloitte Crowe LLP BioNexus Gene…

10/2/20 – Auditor changes

Let’s look at the Auditor changes for the current week. KPMG gained two audit clients in the current period. Adicet Bio switched from PwC to KPMG in the current week. Adicet paid PwC $1.8 million in audit fees in FY 2019.…

Auditor changes for week of 9/19/20

Let’s look at the Auditor changes for the current week. No major changes in the current week except for Ocean Power Technologies switching from KPMG to EisnerAmper. Ocean Power Technologies paid KPMG $317K in audit fees for FY 2020. Company…

Who are KPMG’s largest clients?

The most frequently searched question for all Big4s are who are their largest audit clients. In the previous blog we looked into how KPMG stacks in regard to audit clients versus the total S&P 500 Companies. Below is a scatterplot…

9/11/20 – Auditor changes

One major change this week. KPMG lost the audit of Extreme Networks Inc. which bought in $3.6 million in audit fees previous year. Big win for EY!! Company Old Auditor New Auditor Total Fee Previous Auditor (‘000) $ ZZLL Information…

9/7/20 – Auditor changes

Big week of Deloitte as it rakes up two audit assignments which paid their previous auditors $4.4 million collectively. Bloom Energy Corp. switched from PwC to Deloitte while Radius Health Inc. switched from EY to Deloitte. Company Old Auditor New…

KPMG audit clients

KPMG is one of the biggest audit firms in the world. They operate through a network of firms across the world. The key audit topic areas of KPMG based on their website are (1) Environmental, Social and Governance (2) SPAC…

8/29/20 – Auditor Changes

Few auditor changes in the two weeks of August. In terms of revenue, SJW Group which bought in $2 million revenues for KPMG past year switched to Deloitte. Meanwhile KPMG gained 2 clients which together paid $1.2 million last year…