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Overseas Deloitte, EY, PwC Affiliates Cited in Audit Reviews

June 9, 2021, 8:49 PM

International affiliates of three Big Four audit firms strayed from U.S. audit rules in a handful of audits, according to a routine inspection of select audits released Wednesday by the Public Company Accounting Oversight Board.

The U.S. audit regulator found deficiencies in the audit work of Deloitte & Touche (South Africa), Deloitte LLP (Canada), Ernst & Young (Australia), PricewaterhouseCoopers Aarata LLC (Japan), and PricewaterhouseCoopers, Societe cooperative (Luxembourg), in at least one audit per firm that U.S. inspectors reviewed.

  • The PCAOB inspects the work of audit firms either every year or every three years, depending on their ...