PCAOB Debuts New Inspection Report Format

Subscriber Content
Screenshot of PCAOB Debuts New Inspection Report Format
Jessica McKeon, Audit Analytics

On June 1, 2020, the Public Company Accounting Oversight Board (PCAOB) issued the 2018 inspection reports for the six largest U.S. audit firms: Deloitte, EY, KPMG, PwC, BDO and Grant Thornton. These reports are delivered in a new, redesigned format – marking the first time the PCAOB made substantial changes to these reports since they were first issued more than fifteen years ago.

In this article, Audit Analytics describes the PCAOB’s newly designed inspection report and includes a guide that highlights key changes to the report and assists stakeholders in reading it.

Free Trial

Sign up for a free, no-obligation trial to start exploring our timesaving, valuable resources.