Industry News & Updates

Stay current on the latest in the industry

Industry News & Updates

Stay current on the latest in the industry

PCAOB 2020 Inspection Observations – How Internal Audit Can Help

While companies and external auditors alike have responded admirably to the many challenges that arose in 2020, the Public Company Accounting Oversight Board (PCAOB) recently released a report that uncovered recurring problem areas in the financial statement audits of 2020. The internal audit function can help your organization face the issues identified in the PCAOB’s report by assisting with communication and coordination efforts during the financial statement audit process.