- Inspection year
- 2024
- Report date
- 28-Apr-2025
- PCAOB release
- 104-2025-064
- Audits reviewed
- 1
- Audits w/ Part I.A deficiencies
- 1
- Part I.A deficiency rate
- 100%
- Part I.A deficiencies
- 2
- Part I.B deficiencies
- 1
- Report
- View PDF ↗
Deficiencies (2)
Grouped by issuer and in the same order as the PCAOB report, so each item ties back directly to the source.
Issuer A2 deficiencies
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Goodwill | The issuer engaged a specialist to perform a quantitative assessment of the impairment of certain goodwill. The following deficiency was identified: · The firm did not perform procedures to address the appropriateness of certain significant assumptions developed and used by management's expert in the quantitative assessment. (CAS 500.8; CAS 540.24) Financial statement audit only | Other Non-PCAOB Standards | Significant risk |
| 2 | Goodwill | The issuer engaged a specialist to perform a quantitative assessment of the impairment of certain goodwill. The following deficiency was identified: · The firm did not perform procedures to address the relevance and reliability of certain data the issuer used to develop certain significant assumptions which management's expert used in the quantitative assessment. (CAS 540.25) Financial statement audit only | Other Non-PCAOB Standards | Significant risk |