and were conducted in accordance with auditing standards. Although some audit firms were still in the improvement process for their quality control system, especially on the elements of engagement
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
investors to evaluate historical performance of the KPIs selected; or (ii) Provide historical externally verified KPI values covering at least the previous three years, in situations where the KPIs have not
attention. • Improvement of investment efficiency by e.g., rising inadequate investment. H 2 : A n a l y s t fo l l o w i n g m i t i ga te s u n d e r i nv e s t m e nt p r o b l e m s . 17 SEC
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
crucial for the auditors to suitably develop an expectation of the recorded amounts, sufficiently evaluate the reliability of data from which the expectation is developed, and determine an acceptable
15.3% YoY, as a result of declining in core revenue, kiosk improvement to support new business, and fully-depreciated kiosk maintenance. 2) Net profit in 1Q2020 was Bt126.54mn, decreasing 15.4% YoY, as a
material KPIs? What parameters should be taken into account to consider whether SPTs comply with a "material improvement"? A relevant KPI enables to assess and benchmark issuer’s environmental and social
from the first inspection cycle (2010-2012) to 2019, the first year of the 4th inspection cycle (2019-2021), showed promising overall improvement despite the SEC’s more intensive inspection in several
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