August 14, 2022

quality control problems

PCAOB Not Satisfied with PwC’s Efforts to Get Better at Auditing

Deba Aubin at Reuters has a great scoop this morning, reporting that the PCAOB "will fault PwC for not promptly addressing quality control problems found during inspections of some of its 2007 and 2008 audits," according to an internal PwC memo dated today and signed by Bob Moritz. [cue]