- Inspection year
- 2024
- Report date
- 27-Sep-2024
- PCAOB release
- 104-2024-150
- 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
- —
- 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 | Investment Securities | The issuer engaged an external pricing service to provide security pricing for its investment securities. The firm used the pricing information from this pricing provider as audit evidence. The firm did not evaluate whether the pricing information provided sufficient appropriate audit evidence because it did not evaluate the relevance and reliability of the pricing information obtained from this pricing provider. (AS 2501.20 .A2 .A4 and .A5) Financial statement audit only | AS 2501.20; AS 2501.A2; AS 2501.A4; AS 2501.A5 | Significant risk |