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PCAOB Issues Crowe Horwath Inspection Report

Tammy Whitehouse | October 21, 2015

Audit regulators found fault with five of 14 audits inspected at Crowe Horwath in 2014, a slight improvement for the firm over its 2013 results.

Mark BaerThe Public Company Accounting Oversight Board published its 2014 inspection report on Crowe Horwath showing an audit deficiency rate of 36 percent compared with 38 percent in 2013 and 50 percent in 2012. “We are pleased with the trend of continuous improvement in our inspection results,” said Mark Baer, managing partner in charge of audit services at Crowe, in a statement. “We will continue to use this constructive criticism to enhance our audit processes, procedures, and training. We welcome the input from the PCAOB...

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