PCAOB Issues Staff Overview for Planned 2022 Inspections

Washington, DC, Jun. 30, 2022
Today the PCAOB released a new Spotlight publication, “Staff Overview for Planned 2022 Inspections.” A reference point for audit committee members, auditors, investors, and others, this publication highlights the following selected areas of planned 2022 inspections:
  • Fraud and other risks
  • IPOs and M&A activity
  • Audit firms’ execution challenges
  • Broker-dealer-specific considerations
  • Independence
  • Use of service providers in the confirmation process
  • Critical audit matters
  • Audit areas with continued deficiencies        
  • Firms’ quality control systems
  • Technology

The Spotlight can be found at our Staff Publications page, along with other resources that we have issued to foster understanding of the PCAOB’s activities and observations.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers, including compliance reports filed pursuant to federal securities laws.

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