With audit firm inspections well under way for the 2005 inspection season, the Public Company Accounting Oversight Board has made public only nine reports from the 2004 inspection season and is offering no timeline for when the remainder will be available.
The PCAOB faced questions from members of its Standing Advisory Group at their meeting last week. “There was a discussion of the lack of inspection reports,” one SAG member told Compliance Week on the condition of confidentiality, “and people were critical of that.”
