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MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank

Still Looking for the First CAM

by   |   November 14, 2018

I have been looking for the first real CAM and so far I haven’t found it. I’ve seen some dancing around the edges, like foreign auditors throwing in boiler plate going concern language under the heading “Critical Audit Matters” and some smaller domestic audit firms stating they did not find any CAMs.

So far my favorite pseudo-CAM can be found in this 10-K:

Critical Audit Matters

We have served as the Company’s auditor since 2016.