Audit Analytics
From AltData.wiki, The Alternative Data Encyclopedia
Audit Analytics is a provider of structured disclosure and regulatory databases focused on audits, accounting quality, governance, and compliance for publicly listed companies. It operates under the brand Ideagen Audit Analytics as part of the compliance portfolio of the software company Ideagen.[1][2]
The firm maintains dozens of database modules derived from public company disclosures, spanning audit fees, financial restatements, SEC comment letters, director and officer changes, and related topics, sold to accounting firms, investors, law firms, academia, and regulators.[1]
What It Does
Audit Analytics turns disclosures made by public companies and their auditors into standardized, research-ready databases.[1] Its tagline describes the offering as quality data for better decision making, and the company positions its datasets as actionable alternative data for investment banks, quants, and fundamental analysts.[1]
The databases are used to evaluate auditors, assess accounting and litigation risk, and monitor compliance trends in financial markets.[1]
Products
The catalog is organized in thematic families. The Audit and Compliance group includes audit fees, audit opinions, auditor changes and engagements, benefit plan opinions, director and officer changes, disclosure controls, financial restatements, internal controls, and late filers.[1]
The Corporate and Legal group covers bankruptcies, SEC comment letters and comment letter threads, IPOs, litigation, mergers and acquisitions, outside counsel, private placements, shareholder activism, and transfer agents.[1] An Accounting and Oversight family includes accounting and auditing enforcement releases, the Accounting Quality Risk Matrix, critical audit matters, cybersecurity disclosures, impairments, and PCAOB reports.[1]
Additional families include OIA Financial datasets on banks, broker-dealers, insurers, private funds, and registered investment advisers; ESG and fund datasets; European and Canadian versions of core audit modules; government and non-profit datasets such as ERISA and single audit; and an SEC full-text filing search product.[1]
Buyers and Use Cases
Audit Analytics serves accounting firms, academia, consulting and software firms, corporations, insurance providers, investment and financial institutions, law firms, and regulators.[1] For investors the data supports risk screening and quantitative models; for insurers it informs underwriting; for accounting firms the products are described as built by accountants for accountants.[1]
The company maintains an academic citations program, reflecting substantial use of its databases in scholarly research; it quotes a University of Kansas academic describing the firm as without peers among data providers.[1]
Delivery and Pricing
Databases are sold in bundles, with data feeds available separately, and access is provided through the company dashboard.[1] Pricing is not published; prospective customers are directed to contact the sales team for a demonstration.[1]
Landscape
Audit Analytics operates within Ideagen, a supplier of compliance, quality, and environmental, health and safety software for regulated industries, where it sits alongside the broader Ideagen audit intelligence offering, part of a parent that states it serves more than 18,500 organizations worldwide, a figure covering the whole group rather than the Audit Analytics business alone.[1][3][2]