Question: https://pcaob-assets.azureedge.net/pcaob-dev/docs/default-source/inspections/reports/documents/104-2021-153-kpmg.pdf?sfvrsn=4a2b8d8a_4 Review the report and answer the following questions:- 1- In 2020, what was the audit area where the most I.A. deficiencies were found? How
https://pcaob-assets.azureedge.net/pcaob-dev/docs/default-source/inspections/reports/documents/104-2021-153-kpmg.pdf?sfvrsn=4a2b8d8a_4
Review the report and answer the following questions:-
1- In 2020, what was the audit area where the most I.A. deficiencies were found? How does this compare to prior years?
2- In 2020, were there any Part I.B. deficiencies noted by the PCAOB in the report? If so, provide a short explanation of these deficiencies.
3- What observations would you make about the audit quality at KPMG after reading the report?
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