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The PCAOB team is continuing to determine a terrific lots of deficiencies associated with essential audit issues. CAMs are a comparatively new need in the PCAOB. A CAM is outlined as any subject arising within the audit from the economic statements which was communicated or necessary to be communicated into the audit committee Which pertains to accounts or disclosures that are materials for the fiscal statements, and included Primarily complicated, subjective or complicated auditor judgment.
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