米PCAOB、日本の会計士を1年間の業務停止処分に（ｅｃｏｎｏｍｉａより）

GT partner lacked audit knowledge

米国の監査監督機関であるＰＣＡＯＢが、ある日本の監査法人のパートナーに対し、ＰＣＡＯＢ登録会計事務所に関与することを1年間禁止する業務停止処分を行ったという記事。上場会社の監査に関する研修コースの習得も命じています。その後の1年間についても、上場会社の監査への関与が一部制限されます。

US audit watchdog the Public Company Accounting Oversight Board has suspended a Grant Thornton partner in Japan from associating with a registered public accounting firm for a year and ordered him to complete professional education courses on auditing listed companies

It has also limited the type of activities he can perform in connection with public company audits for an additional year.

Baldwin Technology Companyという米国で上場していた会社の日本子会社の2010年の監査において、多数の重要な虚偽表示リスクに対して適切に対応しなかったとされています。

The PCAOB took out disciplinary action against Akiyo Yoshida, a partner of Grant Thornton Taiyo ASG, over his failure to properly address numerous risks of material misstatement of which he was aware in the 2010 audit of Baldwin-Japan Ltd (BJL).

BJL was a subsidiary of Baldwin Technology Company which, at the time, was a US-listed company. BJL’s net sales were included in and material to the parent’s consolidated financial statements.

Baldwin Technology社は、この日本子会社が設備売上の先行計上を行っていたために、財務諸表の訂正を行うことを2011年5月に発表しました。

In May 2011, Baldwin announced that it was restating its financial statements because of financial irregularities at BJL which had resulted in the premature recognition of revenue for equipment sales.

ＰＣＡＯＢの調査では、日本子会社が収益認識を不当に加速させていた可能性を警告するような多くの赤信号を、このパートナーが無視した、あるいは適切に評価しなかったことが明らかになりました。カットオフテストで４０％のエラー率だったこと、決算月のすべての重要な売上が年度末に計上されていたことなどです。

An investigation by the PCAOB found that Yoshida had ignored or failed to evaluate properly “numerous red flags” that should have alerted him to the possibility that BJL was improperly accelerating revenue recognition for equipment sales. They included a 40% error rate in the results of end-of-year sales cut-off testing, as well as the fact that BJL recorded all material sales for the last month of the fiscal year on the last day of that year.

子会社の監査だからといって、手を抜いていたということはないと思いますが・・・。

（注：一部修正しました。）

こちらは、会計士個人だけではなく、香港の会計事務所が米ＳＥＣから処分を受けたという記事です。

Auditors ignored red flags（economia）

Baker Tilly’s Hong Kong practice has been banned by the US Securities and Exchange Commission from taking on any new US-listed clients until its audit policies and procedures have been reviewed by an independent consultant

Under a settlement with the regulator, it has also had to pay a fine of $75,000 (£48,000) plus interest, the equivalent of the audit fee it was paid by China North East Petroleum Holdings Ltd (China North). The company has now been charged with fraud.

And two Baker Tilly directors, Andrew Ross and Helena Kwok (who has since left the firm), have been fined $20,000 and $10,000 respectively and barred from practising as accountants on behalf of any SEC-regulated company for at least three years.