Accounting firm Clifton Gunderson said it has achieved the highest marks possible in its first inspection by the Public Company Accounting Oversight Board.
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"We believe the PCAOB's inspection process enhances our ability to evaluate the quality of the audits we perform and improve that quality," said Anita Ford, director of assurance services at Clifton Gunderson, in a statement.
The report was issued on March 20, 2008, and applies to inspections conducted by the PCAOB inspection team between Aug. 13, 2007, and Aug. 17, 2007.