Citrin Cooperman & Company LLP agreed to a $255,000 settlement with the U.S. audit regulator for repeated lapses in the audits of a broker-dealer client after they were uncovered during a regulatory inspection.
The New York-based firm didn’t ensure its client had controls in place to comply with Securities and Exchange Commission customer protection rules and didn’t adequately review information that was supplemental to the financial statements for the unnamed broker-dealer’s 2016 and 2017 audits, according to a settlement order the Public Company Accounting Oversight Board released Wednesday.
- Citrin Cooperman, which neither admitted nor denied the charges, also agreed ...
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