PCAOB Deficiency Tracker
← Back to Explorer

Olsen Thielen & Co., Ltd

United States · Triennially Inspected

Inspection year
2019
Report date
18-Mar-2021
PCAOB release
104-2021-084
Audits reviewed
2
Audits w/ Part I.A deficiencies
1
Part I.A deficiency rate
50%
Part I.A deficiencies
1
Part I.B deficiencies
1
Report
View PDF ↗

Deficiencies (1)

Grouped by issuer and in the same order as the PCAOB report, so each item ties back directly to the source.

Issuer A1 deficiency

#AreaDeficiencyStandardFlags
1ReceivablesThe issuer had certain receivables that were covered by security interests in related non-cash collateral. The firm did not perform sufficient procedures to evaluate the collectability of the receivables because its procedures were limited to confirming the value of the related collateral with the borrowers. (AS 2501.07)
Financial statement audit only
AS 2501.7