staff, as well as making it difficult to attract new talents. To improve the retention rate of high-potential employees, several audit firms started to adapt their strategy and policies concerning
inspection to evaluate its compliance with its policies and procedures? – Monitoring Process If yes, please specify 1) Who perform such function e.g. in-house, outsource, network firm? 2) How often the firm
audit firm compensated the partner either by an hourly rate or based on a percentage of the audit fees for each individual’s portfolio. Its audit partners were compensated based on either the number of
with either of the following rules: (2.1) A fixed rate or a percentage rate of the NAV or net asset value of the mutual fund; (2.2) A performance based management fee rate. (3) Fees on each sales or
with either of the following rules: (2.1) A fixed rate or a percentage rate of the NAV or net asset value of the mutual fund; (2.2) A performance based management fee rate. (3) Fees on each sales or
, USD 320 million or, not exceeding, THB 10,000 million (calculated based on the exchange rate as of 9 April 2018 at the rate of THB 31.25/ USD1) http://www.pacedev.com/ (Translation) All of the
performance. However, as the manners to evaluate performance may vary, the firm should implement the manner which is suitable for the environment and culture of each firm, Convincingly, the performance
: This inspection cycle results shows that each audit firm pays attention to 1) the capacity building of its staff and remedying of high turnover rate, 2) improvement of audit manual to be more descriptive
Questionnaire A Monitoring the Firm’s Quality Management Policies and Procedures Firm's Reference /Guidance Notes Description A1 Does the whole firm perform inspection to evaluate its compliance with
a Risk-Management Framework Motivation • It is important for an income earner to set a self-discipline saving rate in her financial plan so that the long-term objective is not compromised by myopic