Issues identified in audit firm inspections.
| Position | PCAOB News - Brief article |
A PCAOB report on issues identified in the 2004-06 inspections of U.S. firms that audited 100 or fewer public companies includes observations in 11 areas where auditing or quality-control deficiencies were observed: revenue, related-party transactions, equity transactions, business combinations and impairment of assets, going-concern considerations, loans and accounts receivable, service organizations...
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