- Inspection year
- 2023
- Report date
- 16-Nov-2023
- PCAOB release
- 104-2024-012
- 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
- 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 | Allowance for Credit/Loan Losses | The firm's internal inspection program inspected this audit and reviewed this area but did not identify the deficiencies below. The firm did not evaluate the reasonableness of certain significant assumptions used by the issuer to develop the qualitative component of the allowance for loan losses. (AS 2501.16) Financial statement audit only | AS 2501.16 | Significant risk |