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PCAOB targets controls, related parties in 2016 inspections

Tammy Whitehouse | July 15, 2016

The Public Company Accounting Oversight Board issued updated briefs explaining what inspectors are looking for in 2016 as they inspect public company auditors, as well as auditors of broker-dealers. The board earlier issued briefs in April 2016 and in October 2015, and the messaging has not changed substantially.

In their dig into public company audit work, the board is targeting 10 firms that are inspected annually because they...

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