PCAOB Admonishes BDO USA for Quality Control Lapses

The PCAOB has republished BDO USA’s 2011 and 2012 inspection reports to criticize the firm’s inadequate response to inspection findings in those years around audit quality control problems. The inspectors found too many cases where auditors accepted management representations without appropriately considering contradictory evidence, contributing to many of the audit ...

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.