- Inspection year
- 2022
- Report date
- 25-May-2023
- PCAOB release
- 104-2023-085a
- Audits reviewed
- 3
- Audits w/ Part I.A deficiencies
- 1
- Part I.A deficiency rate
- 33%
- Part I.A deficiencies
- 2
- Part I.B deficiencies
- 2
- Report
- View PDF ↗
Deficiencies (2)
Grouped by issuer and in the same order as the PCAOB report, so each item ties back directly to the source.
Issuer A2 deficiencies
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Revenue | The firm's approach for testing revenue included selecting a sample of transactions from certain months during the year. The firm did not perform any substantive procedures to test the population of revenue in the remaining months of the year. (AS 2315.24) Financial statement audit only | AS 2315.24 | |
| 2 | Revenue | The firm's approach for testing revenue included selecting a sample of transactions from certain months during the year. The firm did not perform any substantive procedures to evaluate the reliability of information obtained from external sources that it used to test the transactions. (AS 1105.04 and .06) Financial statement audit only | AS 1105.4; AS 1105.6 |