- Inspection year
- 2025
- Report date
- Jan. 29, 2026
- PCAOB release
- 104-2026-033
- Audits reviewed
- 3
- Audits w/ Part I.A deficiencies
- 3
- Part I.A deficiency rate
- 100%
- Part I.A deficiencies
- 4
- Part I.B deficiencies
- 3
- Report
- View PDF ↗
Notes: I.B: Audit committee communications
Deficiencies (4)
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 | Revenue and Contract Liabilities | Deficiencies testing an automated IT control and evaluating third-party reports relied on for revenue and contract liabilities. Financial statement audit | AS 2301.19; AS 2301.21; AS 1105.04; AS 1105.06 | |
| 2 | Related Party Transactions | Deficiency identifying a required related-party disclosure departure. Financial statement audit | AS 2410.17; AS 2810.30; AS 2810.31 |
Issuer B1 deficiency
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Inventory | Deficiencies testing inventory reconciliation controls and an undersized inventory observation sample. Integrated (FS + ICFR) audit | AS 1105.10; AS 2201.39; AS 2301.16; AS 2301.18; AS 2301.37; AS 2315.19; AS 2315.23; AS 2315.23A |
Issuer C1 deficiency
| # | Area | Deficiency | Standard | Flags |
|---|---|---|---|---|
| 1 | Related Party Transactions | Deficiency testing controls over identification of related parties and related-party transactions. Integrated (FS + ICFR) audit | AS 2201.39 |