米ＰＣＡＯＢ、収益に関するずさんな監査でＰｗＣ元パートナーに業務停止処分（ＣＦＯより）

PCAOB Bars Ex-PwC Partner for Lax Revenue Audit

米国の上場会社監査を監督しているＰＣＡＯＢが、ArthroCare Corp.という医療機器の会社の監査において「不適切な収益認識」の兆候をきちんと調べなかったとして、ＰｗＣの元パートナーに業務停止の処分を課したという記事。

The Public Company Accounting Oversight Board has barred a former PriceWaterhouseCoopers partner from associating with a CPA firm for failing to dig into “indications of improperly recognized revenue” in PwC‘s 2007 audit of ArthroCare Corp.

この元パートナーが見逃した不適切な収益認識の兆候には、異常な価格設定と支払い条件、四半期末における売上急増、同社の最も大きな取引流通業者のひとつに対してアフターサービス費用の毎月の支払いを通じて資金提供していた可能性を示す証拠といったものだったそうです。会社は、この流通業者に対する売上により、２００７年の売上見込みを達成していました。

The board found that the former PwC auditor, Randall A. Stone, of Austin, Texas, “ignored or failed to properly evaluate numerous indicators that should have alerted him to the possibility that ArthroCare was improperly recognizing revenue,” according to a PCAOB press release. The indicators of improper revenue recognition by ArthroCare, a medical device company, that were overlooked by Stone “included unusual pricing and payment terms, quarter-end sales spikes, and evidence that ArthroCare may have funded DiscoCare [one of ArthroCare's largest distributors] purchases through monthly service fee payments,” it said. “Sales to DiscoCare helped ArthroCare meet its revenue forecasts for 2007.”

こちらがＰＣＡＯＢのプレスリリース

PCAOB Announces Settled Disciplinary Action against
Former PricewaterhouseCoopers LLP Partner for Audit Failures