Nobody Likes a Critic?

Just looking through some of the 8-K trends. As the chart below shows it looks like activity may still be declining a bit.

But one particular Item jumped out for increased activity. I need to check through the history books to see when Item 4.01 was implemented (if anyone knows please LMK). I have data going back to mid-2005. August 2009 was a record month for companies to announce a change in their certifying accountant. 

We're not talking a lot of filings, just 340. But you have to go back to March of '06 for the next highest total of 287.

Here's the total filings graph.

Comments

[Dan O'Connell]

Hi SEC Data Guy, the number of changes in August is due to Moore & Associates having their license revoked by the PCAOB for various issues: http://www.pcaobus.org/Enforcement/Disciplinary_Proceedings/2009/08-27_Moore.pdf

SEC took action as well: http://www.sec.gov/litigation/litreleases/2009/lr21189a.htm

[SEC Data Guy]

Ouch. Guess that solves that mystery. Thanks for the info, Dan!