- Inspection year
- 2023
- Report date
- 22-Aug-2024
- PCAOB release
- 104-2024-127
- 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
- 2
- 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 | Long-Lived Assets | The firm's approach for substantively testing the issuer's impairment analyses for certain long-lived assets was to develop independent expectations. The firm did not sufficiently take into account the requirements of certain elements of the applicable financial framework because it did not take into account certain factors relevant to the estimates in developing its expectations. (AS 2501.21) Financial statement audit only | AS 2501.21 | Significant risk |