May 2, 2024
Public Company Auditors: Big Four Continue to Dominate the Market
Ideagen Audit Analytics recently released its annual market share analysis of public company auditors as of early 2024. Here are some takeaways from the summary:
– 239 audit firms conducted audits for 6,607 registrants
– The top ten firms audited 68% of registrants
– Among large accelerated filers, the Big Four audited 90% of registrants
– Audit firm market share was diverse among SRCs, with several firms outside of the Big Four holding a top spot
– The Big Four generally topped the lists and, excluding SPACs, the fourth Big Four player had a 5% market share lead on the audit firm ranked fifth
– Meredith Ervine