- Inspection year
- 2021
- Report date
- 26-Jul-2022
- PCAOB release
- 104-2022-167
- Audits reviewed
- 3
- Audits w/ Part I.A deficiencies
- 1
- Part I.A deficiency rate
- 33%
- 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
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Revenue | The issuer entered into revenue arrangements primarily to provide services. The firm did not perform any substantive procedures beyond obtaining customer invoices and contracts to test whether the issuer's performance obligations had been satisfied before revenue was recognized. (AS 2301.08) Financial statement audit only | AS 2301.8 |