financial institutions, the auditors determined the audit scope for collateral management system by selecting 5 transactions having the highest value. These samples alone could not meet the testing objective
- assurance service for the audit clients. - Establish the committee to consider the scope of non-assurance service when accepting such service from audit clients to ensure that it will not impair the
shall comply with the regulations under Chapter 7; (8) capital market product trading service with limited discretion according to clients’ pre-determined investment scope shall comply with the
be determined by the parent company. ● Once the consolidation approach has been decided, all business units under parent company should apply the same approach. Consolidation of approach 23 SCOPE 2
accounting principles. Moreover, the auditor was unable to find sufficient supporting evidence to satisfy the audit procedures due to limitation on scope of audit imposed by the PICNI management in various
derivatives business operators is determined by the types of license packages, each permitting a scope of various business undertakings. For example, Type A Securities Business License requires the minimum paid
statements by May 27, 2015, the deadline previously determined. The companies were also required to submit their Q1/2015 financial statements urgently. Also, AIE must submit the opinion of audit committee on