A critical audit matter (CAM) is any matter that the auditor communicated or was required to communicate to the company’s audit committee and is related to items that are material to the company’s financial statements and items that involved challenging, subjective or complex judgment. Since the disclosure of CAMs became required in June 2019, Audit Analytics has collected over 200 CAMs from the reports of more than 100 companies.

In this article, Audit Analytics presents its findings on CAM counts and introduces a new CAM online search interface that enables users to discover even more about these new disclosures.