CRA was retained by external counsel for a Big Four accounting firm to provide analysis and an expert opinion related to compliance with relevant auditing standards in defense of a Big Four firm’s audit of a pharmaceutical company with a focus on revenue recognition, internal control, and disclosure.
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...