PCAOB Deficiency Tracker

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FirmAreaDeficiencyStandardFlags
Farmer, Fuqua & Huff, P.C.
United States
Significant Accounts
Estimate method, model, or data not evaluated
Deficiency evaluating the discount rate used in the issuer's fair value estimate for a significant account.
Financial statement audit · full report
AS 2501.16
Significant risk
Halperin Ilanit CPA
Israel
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not perform substantive procedures beyond comparing the account balance to the amount reported in the prior year to test the completeness and valuation of a significant account. (AS 2301.08 and .11; AS 2501.07)
Financial statement audit only · full report
AS 2301.8; AS 2301.11; AS 2501.7
Significant risk
MSL, P.A.
United States
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not perform substantive procedures beyond certain recalculations to test the valuation of certain other significant accounts. (AS 2501.07)
Financial statement audit only · full report
AS 2501.7
Significant risk
Michael T. Studer CPA P.C.
United States
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not perform procedures to test the valuation of certain significant accounts. (AS 2501.07) In connection with our review the issuer reevaluated its accounting for and disclosure of certain significant accounts and determined that misstatements existed that had not been previously identified. The issuer did not file an amended Form 10-K or Form 8-K indicating that its previously issued financial statements should not be relied on. Instead the issuer corrected these misstatements in a subsequent filing by revising the accounting disclosure.
Financial statement audit only · full report
AS 2501.7
Significant risk
Michael T. Studer CPA P.C.
United States
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not perform procedures to test the reliability of information used by the firm in its testing of the valuation of a significant account. (AS 1105.04 and .06) In connection with our review the issuer reevaluated its accounting for and disclosure of certain significant accounts and determined that misstatements existed that had not been previously identified. The issuer did not file an amended Form 10-K or Form 8-K indicating that its previously issued financial statements should not be relied on. Instead the issuer corrected these misstatements in a subsequent filing by revising the accounting disclosure.
Financial statement audit only · full report
AS 1105.4; AS 1105.6
Significant risk
Saturna Group Chartered Professional Accountants LLP
Canada
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not evaluate whether the issuer's determination of the fair value of a significant account was consistent with the valuation method. (AS 2503.35)
Financial statement audit only · full report
AS 2503.35
VICTOR MOKUOLU CPA PLLC
United States
Significant Accounts
Estimate method, model, or data not evaluated
The firm did not perform any procedures to test the valuation of another significant account. (AS 2501.07)
Financial statement audit only · full report
AS 2501.7
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