Consider the case involving PCAOB Enforcement Release No. 10…
Consider the case involving PCAOB Enforcement Release No. 105-2022-011, which concerns the U.S. accounting firm, PKF O’Connor Davis, LLP (hereafter, PKF), which is an accounting firm headquartered in New York, and registered with the PCAOB. The fundamental problem with PKF’s audits relating to this case concerns the fact that PKF did not properly document the audit procedures its engagement team employed in arriving at the audit opinion.
Read DetailsAnswer the true/false question below with regard to the PCAO…
Answer the true/false question below with regard to the PCAOB enforcement against LLKZ CPA LLP (“JLKZ”) and Jimmy Lee. True or False? Jimmy Lee’s actions violated audit standards because he did not exercise dueprofessional care and did not obtain reasonable assurance through his own efforts.
Read Details