For the first time since 2010, adverse auditor opinions on internal control over financial reporting tapered off in 2017.
In an analysis by Audit Analytics, 4.9 percent of public company annual filings in 2017 contained an adverse opinion from auditors on the effectiveness of internal control over financial reporting to produce financial statements free of material error. That was a drop from 6.7 percent in 2016, a figure that had risen steadily from 3.5 percent in 2010.
