PCAOB to shake up inspections in 2021

摘要

In its 2021 inspections of audit firms, the Public Company Accounting Oversight Board will be paying particular attention to the impact of COVID-19, according to members of the board."Without a doubt, the effects of the ongoing pandemic are going to be a focus for us in our inspections in 2021," said board member Megan Zietsman in a virtual panel discussion during the American Institute of CPAs' Conference on Current SEC and PCAOB Developments in early December. "So, much like what we've done this year, we plan to tailor our inspection approach in 2021 as result of the pandemic. I expect we'll look closely at audits in industries that have experienced the most significant disruption to their operations as a result of COVID-19."