The PCAOB, bless their hearts, released a forgettable inspection report from PwC today. The deficiency rate, 29%, is still in the range we're used to, but was lower than last year, so that's something. Michael Rapoport reports that this deficiency rate is better than EY's (36%) but not as good as Deloitte's (21%) and that KPMG's report "is expected to be released in the next few months." Cross your fingers, Klynveldians. [PCAOB, WSJ, Earlier]
Related Posts
Former PCAOB Chief Auditor Martin Baumann Backs Out of IAASB Gig
- Jason Bramwell
- October 31, 2018
Last month, we reported that Martin Baumann, the former chief auditor and director of professional […]
Share this:
Ex-KPMG Partner’s Fraud Trial: What David Middendorf Allegedly Said Once the Scheme Started to Unravel
- Jason Bramwell
- February 27, 2019
OK guys, things are starting to get good in the David Middendorf trial. We now […]
Share this:
Deloitte Is Doing a Much Better Job Lately of Not Screwing Up Audits
- Jason Bramwell
- February 4, 2021
While PwC waits with bated breath for the PCAOB to release the firm’s 2020 inspection […]