- Inspection year
- 2021
- Report date
- 07-Nov-2022
- PCAOB release
- 104-2023-020
- 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
- —
- 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 | Cash | To test the existence of cash held in a bank located in another country the firm observed issuer personnel via video conference log into a bank portal and inspect a screenshot of the account balances. The firm did not perform any procedures to evaluate the relevance and reliability of this audit evidence. (AS 1105.04 and .06) Financial statement audit only | AS 1105.4; AS 1105.6 |