When the PCAOB released its first batch of COVID-era inspection reports at the beginning of […]
Tag: PCAOB Inspections
PwC Might Do Something No Other Big 4 Firm Has Ever Done Before
After years and years of PCAOB inspections of the Big 4 in which the percentage […]
The Truth About Public Accounting, Part III: The ‘A’ In PCAOB Stands For ‘Accounting’
An article titled “PCAOB Inspections: Public Accounting Firms on Trial” describes the results from an […]
The Truth About Public Accounting, Part II: PCAOB Inspection Hysteria — How to Fix It
While there is a consensus that the PCAOB’s existence has improved audit quality, it is […]
Ex-PwC Senior Manager Got Busted for Trying to Pull a Fast One on PCAOB Inspectors
If you try to do something to outsmart PCAOB inspectors, more often than not you’ll […]
PCAOB Doesn’t Take Kindly to Auditors Who Alter Audit Documentation Prior to an Inspection
For years, the PCAOB has pleaded with auditors to quit altering audit workpapers after being […]
PCAOB Releases Teaser Trailer of 2018 Inspection Findings
Testing internal control over financial reporting, assessing risks of material misstatement, and auditing accounting estimates […]
Broker-Dealer Audits Are Still Sloppy, But Hey, Auditor Independence Violations Are Down, So That’s Something
The Public Company Accounting Oversight Board released its report on 2017 inspections of broker-dealer audits […]
Reminder: If You Improperly Alter Audit Workpapers and Are Found Out, You Will Be Fired
Louder this time, for the people in the back.
PCAOB Inspection Reports Have Been MIA Lately
Here’s something odd that was brought to our attention: @going_concern @PCAOB Why has the PCAOB […]
Ex-Deloitte Partner Learns That Procrastination Has Its Consequences
All humans procrastinate from time to time. Whether it's putting off washing the car or […]
Here’s How the Top Eight Audit Firms Ranked in PCAOB Inspection Error Rate
This got by us for some reason, but Compliance Week noted Crowe Horwath's atrocious error rate in […]