Critical audit matters (CAMs)

Discover what financial statement issues and concerns are most significant to auditors.

The Ideagen Audit Analytics critical audit matters database features CAMs disclosed by independent auditors of SEC registrants. We track the normalized topic, text of the title and description and the auditor's response.

Module Accounting and oversight
Source SEC filings
Coverage '33 and '34 Act filers
Data Since Large accelerated filers - Fiscal years ended 06/30/2019 • Other SEC registrants - Fiscal years ended 12/15/2020
Updated
Availability Online • Data Feed • Excel • WRDS
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Use critical audit matters as a factor to gauge areas of auditing difficulty

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Quickly find certain types of CAMs (e.g. goodwill) from particular industries

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Analyze big-picture trends in the types of CAMs

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Compare CAM disclosures by number, type, length and word choice across industries and peers

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Benchmark severity of CAMs against companies with similar areas of concern

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Evaluate and monitor the implementation and impact of the new disclosure requirements