CRA was retained by external counsel for a Big Four accounting firm to issue an expert opinion related to their audits of a major financial institution over a number of years. The primary areas of analysis focused on audit procedures, mortgage origination, Allowance for Loan and Lease Losses and Mortgage Servicing Rights assets.
SEC and PCAOB Enforcement: 2023 accounting and audit highlights
Both the US Securities and Exchange Commission (SEC) and the US Public Company Accounting Oversight Board (PCAOB) reported increased enforcement activity in...