- Inspection year
- 2022
- Report date
- 26-Jun-2023
- PCAOB release
- 104-2023-109
- Audits reviewed
- 2
- Audits w/ Part I.A deficiencies
- 1
- Part I.A deficiency rate
- 50%
- Part I.A deficiencies
- 3
- Part I.B deficiencies
- 3
- Report
- View PDF ↗
Deficiencies (3)
Grouped by issuer and in the same order as the PCAOB report, so each item ties back directly to the source.
Issuer A3 deficiencies
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Revenue | The firm selected for testing a control over the review of revenue. The firm did not evaluate the review procedures that the control owner performed including the procedures to identify items for follow up and the procedures to determine whether those items were appropriately resolved. (AS 2201.42 and .44) ICFR audit only | AS 2201.42; AS 2201.44 | |
| 2 | Revenue | The firm selected for testing a control over the review of revenue. The firm did not identity and test any controls over the accuracy and completeness of data and reports used by the control owner in this control. (AS 2201.39) ICFR audit only | AS 2201.39 | |
| 3 | Long-Lived Assets | The firm selected for testing a control over the review of property and equipment. The firm did not evaluate the specific review procedures that the control owner performed to evaluate the reasonableness of depreciation expense. (AS 2201.42 and .44) ICFR audit only | AS 2201.42; AS 2201.44 |