PCAOB Issues Staff Overview for Planned 2022 Inspections
Jun 30, 2022
On June 30, 2022, the Public Company Accounting Oversight Board (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
Review the publication on the PCAOB's website.