Please ensure Javascript is enabled for purposes of website accessibility
December 9, 2022

Which Big 4 Firm Had the Most IPO Audit Clients In Q3 2019?

The firm that puts the EY in cringEworthY training seminars for women audited the most initial public offerings in the third quarter, according to a new analysis from Audit Analytics.

EY was the auditor of the second-highest IPO of the third quarter in terms of proceeds, which was Peloton at $1.16 billion raised. SmileDirectClub led the way by raising $1.35 billion, but Audit Analytics said it wasn’t able to determine SDC’s auditor. However, a Q3 IPO analysis from Renaissance Capital states that SDC was audited by EY.

Renaissance Capital also said EY was the auditor for the failed WeWork IPO, which was pulled in September because investors said it would flop. And since then, WeWork has gone to shit. How’s your community-adjusted Ebitda looking now?

The Big 4 audited 54.7% of the IPO market in the third quarter, according to Audit Analytics.

Related articles:

Which Firm Topped the Big 4 in IPO Audits in Q1 of 2019?
This Big 4 Firm Had the Most IPO Audit Clients In Q2 2019

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

man peeking at his coworker's laptop

We Forgot to Mention KPMG Got Caught Cheating Again

The PCAOB announced Wednesday it has imposed $7.7 million in penalties against KPMG Colombia (Firm: $4 Million Penalty; Individual: $25,000 Penalty), KPMG UK ($2.6 Million), and KPMG India (Firm: $1 Million Penalty; Individuals: $75,000 Penalty) for a variety of infractions. Failure to cooperate with a PCAOB inspection, cheating on training exams, signing off on blank […]

one million dollars on a calculator

Deloitte Gave a Million Bucks to the New Smithsonian American Women’s History Museum

The Smithsonian American’s Women’s History Museum is still in planning stages and has received a generous donation from Deloitte to support the project. There is of course a press release: The Smithsonian American Women’s History Museum has announced a $1 million gift from Deloitte to support the development of the new museum. The donation establishes […]