On May 1, 2012, the Public Company
The PCAOB was created in 2002 as a result of the
As of April 25, 2012, there were 2,378 registered firms (foreign and domestic), as well as 42 pending applications. As of May 7, 2012, information for 1,627 inspection reports was provided, including 118 “QC criticisms now public.” A quick review of the Big 4 Audit firms showed -
Firm | Entity Reports | QC Criticisms |
Deloitte & Touche | 18 | 1 |
Ernst & Young | 30 | 0 |
PriceWaterhouse | 32 | 0 |
KPMG | 35 | 0 |
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