Sentences with phrase «test loan loss reserves»

In May, the PCAOB disclosed that E&Y had failed to make sufficient efforts to address previous PCAOB criticisms, which included, among others, «apparent failure to appropriately challenge management» and failure to test loan loss reserves.

Not exact matches

A 2012 PCAOB inspection report of KPMG deficiencies cited its failures to question management judgment, including failure to test management's assumptions on loan loss reserves.