PCAOB Issues Report on 2022 Interim Inspections of Broker-Dealers

The PCAOB has published a report on its 2022 interim inspections related to audits of broker-dealers.

The purpose of the interim inspection program was to assess “audit firms’ compliance with applicable laws, rules, and professional standards when performing audit and attestation engagements for broker-dealers.”

The report found that “deficiency rates observed in 2022 inspections generally increased or remained elevated across engagement types and areas.”

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