Top Tweets for #PCAOBresources
In a new staff report, the PCAOB’s staff has outlined 2024 inspection priorities, with a focus on driving improvements in audit quality. https://t.co/ONMTSdNsLe #PCAOBresources
A new PCAOB staff report sheds light on an area where PCAOB inspectors have observed relatively high rates of audit deficiencies: special purpose acquisition companies. https://t.co/WOTzOvS20N #PCAOBresources
Report: In 2023, the PCAOB’s inspections will prioritize audit risks related to fraud, the financial services sector, crypto and more. https://t.co/TTYRUZr38d #PCAOBresources
Crypto entities may engage a service provider to issue “proof of reserve” reports. A new Investor Advisory from the PCAOB’s Office of the Investor Advocate urges investors to exercise caution with these reports. https://t.co/aAykzlc7k1 #PCAOBresources
The PCAOB expects firms to remedy quality control deficiencies. Check out our new staff report to learn more. https://t.co/7txRfkJcUm #PCAOBresources
The PCAOB has issued an interim analysis report related to new requirements for auditing accounting estimates and auditor’s use of the work of specialists. https://t.co/mMCAbesRXj #PCAOBresources
Audits with deficiencies increased in 2021, according to a new PCAOB staff report. https://t.co/Ez8OOh57aO #PCAOBresources
The PCAOB has issued a second interim analysis report related to the initial impact of critical audit matters. https://t.co/Oxhq10YtKa #PCAOBresources
ICYMI: The PCAOB’s recently published annual report on audits of broker-dealers describes auditor “good practices” that our inspectors observed in 2021. #PCAOBresources https://t.co/lgmphj3Lfk
The PCAOB’s target team consists of inspectors who focus on emerging audit risks and other key topics. Read our Spotlight to get the target team’s observations from 2021 inspections. https://t.co/Wyv9scDzn1 #PCAOBresources
Roughly 70% of the audit committee chairs that we spoke to in 2021 said that they reviewed the PCAOB’s inspection reports independently and/or discussed them with their auditor. Learn more in our Spotlight. https://t.co/8AxpJXaIwt #PCAOBresources
What’s working when it comes to communications between #auditors and audit committees? Get perspectives in our latest Spotlight, “2021 Conversations with Audit Committee Chairs.” https://t.co/8AxpJXaIwt #PCAOBresources
Maintaining control over confirmation requests and responses is an important area that the PCAOB may focus on in upcoming inspections. Learn more in our Spotlight. https://t.co/CdldTHlTId #PCAOBresources
In 2021, we had more than 240 conversations with #auditcommittee chairs of the U.S. public companies whose audits we inspected. Our latest publication shares key themes and perspectives that we heard. https://t.co/8AxpJXaIwt #PCAOBresources
Today the PCAOB released a new Spotlight publication, “Observations and Reminders on the Use of a Service Provider in the Confirmation Process.” https://t.co/CdldTHlTId #PCAOBresources
In our 2020 inspections, we observed a number of good practices that we believe may be effective in enhancing audit quality. Learn more in our latest Spotlight publication. #PCAOBresources https://t.co/u6C1UV9KTJ
Read the publication: https://t.co/MyRt4QkBlw
In our Spotlight publication, “Staff Update and Preview of 2020 Inspection Observations,” learn more about areas where we see audit deficiencies recurring from year to year. https://t.co/u6C1UV9KTJ #PCAOBresources
The PCAOB today released staff guidance on considerations regarding the relevance and reliability of information from external sources that the auditor plans to use as audit evidence. https://t.co/n7sHXYIfE6 #PCAOBresources
Engaging with auditors of small businesses and broker-dealers remains an important part of the PCAOB’s outreach. Our annual forum will provide #PCAOBresources in these areas. https://t.co/F4qVToNDYN
The PCAOB’s recently published annual report on audits of #BrokerDealers also offers examples of auditor “good practices” that PCAOB inspectors have observed. https://t.co/zt5SW1Yaa0 #PCAOBresources #AuditQuality
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