One of Canada\u0027s top audit firms had inspection findings that were higher than the Canadian Public Accountability Board\u0027s target. Read more.
The Canadian Public Accountability Board said out of Canada’s top four audit firms — Deloitte LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP — one had “significant findings” that were higher than the watchdog’s target.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The regulator oversees firms that audit the annual financial statements of Canadian reporting issuers. It said three out of four firms had less than 10 per cent, the target level, of files with deficiencies in regards to generally accepted auditing standards, while one firm had findings greater than 20 per cent.Article content
It added that many non-annually inspected firms continue to have level of findings that are “unacceptably high.” Examples of deficiencies mentioned were insufficient testing of data from an automated tool used to evaluate revenue, insufficient evidence obtained to support the fair value of amounts for significant business acquisitions and auditors not appropriately evaluating information obtained from third-party organizations.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
One in 10 Canadian testers find radioactive gas a problem at home, says StatsCanWhile 10% of Canadians who tested for radon found it was a problem in their home, only 56% had ever heard of the naturally occurring radioactive gas — the country's leading cause of lung cancer among non-smokers.
اقرأ أكثر »
City clerk voids French-language public school trustee election in one Toronto wardThe election for one of Toronto’s French-language public school board trustees next week has been voided, the city clerk announced Wednesday.
اقرأ أكثر »
City clerk voids French-language public school trustee election in one Toronto wardThe election for one of Toronto’s French-language public school trustees next week has been voided, the city clerk announced Wednesday.
اقرأ أكثر »
Toronto city clerk voids one French public school board trustee electionThe election for one of Toronto’s French public school board trustees next week has been voided, the city clerk has announced.
اقرأ أكثر »
PHAC eyeing COVID-19 variant evolution as fall resurgence loomsCanada\u0027s chief public health officer says she is preparing for \u0022worst\u002Dcase scenario\u0022 COVID\u002D19 variants, as early signs show a resurgence.
اقرأ أكثر »
PHAC eyeing COVID-19 variant evolution as fall resurgence loomsCanada\u0027s chief public health officer says she is preparing for \u0022worst\u002Dcase scenario\u0022 COVID\u002D19 variants, as early signs show a resurgence.
اقرأ أكثر »