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PCAOB issues staff update and preview of 2019 inspection observations

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

Oct 08, 2020

On October 8, 2020, the Public Company Accounting Oversight Board (PCAOB) released a new Spotlight publication, "Staff Update and Preview of 2019 Inspection Observations".

This Spotlight provides inspections insights ahead of the issuance of our 2019 inspection reports and covers the following topics:

  • Update on PCAOB inspection transformation activities;
  • Observations of good practices;
  • Activities of the PCAOB’s target team, which focuses on current audit risks and emerging topics;
  • Recurring deficiencies;
  • Technology; and
  • Audit committee communications.

Auditors may find this information useful as they plan and perform their audits, and audit committees may find it useful as they engage with their auditors.

Review the publication on the PCAOB's website.

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