from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment
. • Confident to exercise an investor’s rights. • Recognise that carrying out investors’ rights and responsibilities will reduce the possibility of an investment going wrong. • Recognise that all information in a
identified before selecting the documents to test sales cut-off, resulting in the auditors vouching to the wrong documents. General observations: Before performing the tests of controls, the auditor must
engagement hours lead to poor audit quality, but it would also result in the incorrect human resource 21 Independent Audit Inspection Activities Report 1 January – 31 December 2014 planning and inadequate
>> Procedure for Incorrect Pricing Type Title Section See Document Status Notified Date Effective Date 1. Act Securities and Exchange Act 2535 117 12/03/1992 16/05/1992 Contact The Securities and
asset values (NAV) Procedures for incorrect pricing Sale and repurchase of investment units Preparation of mutual fund reports Scheme amendment Increases in registered capital and scheme capital
Prescription of additional rules Calculation and announcement of net asset values (NAV) Procedures for incorrect pricing Sale and repurchase of investment units Preparation of mutual fund reports Scheme
announcement of net asset values (NAV) Procedures for incorrect pricing Sale and repurchase of investment units Preparation of mutual fund reports Scheme amendment Increases in registered capital and scheme
misconduct above is deemed an execution of concealed transactions, asset misappropriation, permission of false accounting transactions and preparation of incorrect accounting records. In addition, he informed
company. This is to help prevent any deficiencies and mitigate the risk of issuing incorrect financial statements;Selecting auditors with quality and expertise by assessing audit quality aspect rather