Activity Report 2016_En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 Executive Summary...................02 Quality Assurance Review Panel................04 Activities for Enhancing Audit Quality...................05 Summary of Audit Inspection Results A. Firm Level...................08 B. Engagement Level...........................28 Root Cause Analysis...................42 Framework and Focuses in 2017...................44 Essential St...
practitioners in their efforts to take corporate governance to a higher level. Indeed, the 2008 worldwide financial crisis reminded Asia and the world of the critical importance of strong corporate governance to
, a CRA should inform the rated entity, or the obligor or arranger of the rated obligation about the critical information and principal considerations upon which a credit rating will be based prior to
fully received and (ii) part of account receivable. 2 See “Critical Accounting Policies and Estimates- Recognition of interest income and gain on loans purchased” 3 Cash collected from the debtors during
companies where a critical mass of the board is preferred to be independent. There should be a sufficient mix of individuals with relevant knowledge, independence, competence, industry experience and
Lending Code of Best Practice). The standards set by governing bodies in these respects should help inform their selection of fund managers and other agents. Governing bodies should be critical both in the
effective actions when customers or employees are found to be at risk of infection or diagnosed with COVID-19. 2. Prepare business continuity planning (BCP) Determine mission critical activities (MCA) to
. Succession plan To sustain their operation, it is critical for audit firms to carefully design and follow through their succession plans, particularly for high-level positions. Past inspections suggested that
consulted on new rules and regulations Critical amendments have been made to the SEA, reinforcing the SEC’s authority over listed companies However supporting regulations and guide- lines are not always well
ของการตรวจสอบ ตรวจสอบรายชื่อระบบ IT ที่มีนัยสำคัญที่ควรพิจารณากำหนดเป็นขอบเขตของการตรวจสอบ ตาม Sheet "3.1 Critical Systems" ทั้งนี้ ชื่อระบบงานที่ระบุในตารางด้านล่างไม่จำเป็นต้องตรงกับชื่อใน Sheet "3.1