- Inspection year
- 2020
- Report date
- 24-Mar-2022
- PCAOB release
- 104-2022-099a
- Audits reviewed
- 1
- Audits w/ Part I.A deficiencies
- 1
- Part I.A deficiency rate
- 100%
- Part I.A deficiencies
- 1
- Part I.B deficiencies
- 5
- 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
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Significant Accounts and Disclosures | The firm did not plan and perform an audit that provided a reasonable basis for its audit opinion on the issuer's financial statements because its procedures were limited to inquiring of management and obtaining a bank statement one sale invoice and one purchase invoice. (AS 1101.03; AS 1105.04; AS 2101.08 and .10; AS 2105.03; AS 2110.04; AS 2301.08; AS 2805.05; AS 2810.30 and .31) Financial statement audit only | AS 1101.3; AS 1105.4; AS 2101.8; AS 2101.10; AS 2105.3; AS 2110.4; AS 2301.8; AS 2805.5; AS 2810.30; AS 2810.31 |