PCAOB Issues Report on 2018 Interim Inspections of Broker-Dealer

The PCAOB has published a report on its 2018 interim inspections of broker-dealer auditors.

The purpose of the inspections is to “assess firms’ compliance with applicable laws, rules, and professional standards when performing audit and attestation engagements for broker-dealers.” Overall, the report found that “the percentage of deficiencies for audit and attestation engagements remained high and continued improvement is needed.”

For more information, see the report on the PCAOB’s Web site.