- Inspection year
- 2024
- Report date
- 24-Oct-2024
- PCAOB release
- 104-2024-164
- 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 | Journal Entries | The firm did not appropriately consider the characteristics of potentially fraudulent journal entries when identifying and selecting journal entries for testing and instead haphazardly selected entries for testing. (AS 2401.61) Financial statement audit only | AS 2401.61 |