PCAOB's Reveals 2020 Inspection Focus.
The PCAOB's inspections of audit firms in 2020 will continue to focus on areas that have been challenging for firms in recent years, according to a report.
The PCAOB said its areas of focus for 2020 inspections will include a greater emphasis on the audits of larger issuers with higher market capitalization. Topical areas of focus will include:
* A firm's system of quality control;
* Auditor independence;
* Implementation of new...
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