FSG Managing Director Joe Moravy and co-author release the article “An Overview of Recent Trends in PCAOB Inspection Reports.” This article, featured in Law360, examines the 2011 and 2012 PCAOB Inspection Reports. The authors focus on the PCAOB’s allegations of failures among the Big Four firms to obtain sufficient audit evidence to support their … Continue reading "Joe Moravy and co-author release article on trends in PCAOB Inspection Reports in Law360"
FSG recently contributed articles to the PLI handbook Basics of Accounting for Lawyers 2013: What Every Practicing Lawyer Needs to Know. Articles include: – “Measuring the Fair Value of Illiquid Assets Under GAAP” by FSG Managing Director Terry Lloyd – “Update: A Brief Overview of Trends in PCAOB Inspection Reports, What Every Practitioner … Continue reading "FSG Contributes to PLI’s Basics of Accounting for Lawyers 2013 Handbook"
Learn more about specific audit deficiencies identified by the PCAOB as well as broader trends and issues observed during 2007-2009. The article covers two broad areas of inquiry: (1) the audit areas that the PCAOB inspectors have focused on in their own investigations as likely involving heightened levels of audit risk; and (2) the alleged … Continue reading "Joe Moravy and co-author article for PLI Accounting for Lawyers Handbook on Trends in PCAOB Inspection Reports"