PCAOB fines PWR CPA for audit failures and reporting violations
Summary by International Accounting Bulletin
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1 Articles
PCAOB fines PWR CPA for audit failures and reporting violations
The Public Company Accounting Oversight Board (PCAOB) has imposed sanctions on PWR CPA for breaches of its regulations during the 2022 audit of Ainos, alongside repeated non-compliance with reporting obligations for four other issuer audits. The disciplinary order, issued as a settled matter, was announced in a PCAOB statement. PWR CPA agreed to a $60,000 fine and committed to implementing corrective measures before submitting any future PCAOB r…
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