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Search and filter 7,142 Part I.A deficiencies.
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| Firm | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| B F Borgers CPA PC United States | Accounts Receivable Estimate method, model, or data not evaluated | The firm did not perform any substantive procedures to test the valuation of accounts receivable. (AS 2501.07) Financial statement audit only · full report | AS 2501.7 | |
| BDO USA, P.C. United States · BDO International Limited | Accounts Receivable Estimate method, model, or data not evaluated | For one business unit the issuer recognized several types of revenue. The following deficiencies were identified: · For a second type of revenue the firm selected for testing a control that included the issuer's evaluation of whether delivery and installation were a single performance obligation. The firm did not test this aspect of the control. (AS 2201.42 and .44) Both financial statement and ICFR audits · full report | AS 2201.42; AS 2201.44 | |
| BDO USA, P.C. United States · BDO International Limited | Accounts Receivable Estimate method, model, or data not evaluated | For one business unit the issuer recognized several types of revenue. The following deficiencies were identified: · For a second type of revenue the firm selected for testing a control that included the issuer's evaluation of whether delivery and installation were a single performance obligation. The firm did not identify and test any controls that addressed the risk that other performance obligations existed that would affect whether revenue was appropriately recognized. (AS 2201.39) Both financial statement and ICFR audits · full report | AS 2201.39 | |
| Ernst & Young LLP United States · Ernst & Young Global Limited | Accounts Receivable Estimate method, model, or data not evaluated | The issuer used multiple information-technology (IT) systems to initiate process and/or record transactions related to revenue and the related accounts receivable investment securities and cash. With respect to user access: · The firm selected for testing controls that included the issuer's review of administrative access to certain tools the issuer used to manage access to certain IT systems. The firm did not perform procedures to assess the control owners' (1) determination of whether administrative access to these tools was appropriate and (2) evaluation of certain users' access. (AS 2201.42 and .44) Both financial statement and ICFR audits · full report | AS 2201.42; AS 2201.44 | |
| Ernst & Young et Autres France · Ernst & Young Global Limited | Accounts Receivable Estimate method, model, or data not evaluated | The firm did not identify and test any controls over the valuation of accounts receivable. (AS 2201.39) Both financial statement and ICFR audits · full report | AS 2201.39 | |
| Ernst & Young et Autres France · Ernst & Young Global Limited | Accounts Receivable Estimate method, model, or data not evaluated | The firm did not perform sufficient procedures to test the valuation of accounts receivable because it used certain information obtained from external sources in its substantive testing of receivables and did not perform any procedures to evaluate the relevance and reliability of this information. (AS 1105.04 and .06) Both financial statement and ICFR audits · full report | AS 1105.4; AS 1105.6 | |
| K G Somani & Co. LLP India | Accounts Receivable Estimate method, model, or data not evaluated | The issuer reported accounts receivables including unbilled receivables for multiple business entities. The firm did not perform sufficient procedures to test the valuation of accounts receivable and unbilled receivables because its procedures to test the allowance for doubtful accounts were limited to inquiry of management. (AS 2301.08) Both financial statement and ICFR audits · full report | AS 2301.8 |
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