the internal control in the organization, including creating control environment, risk assessment, control activities, information and communication, and monitoring activities. 3. Management establishes

units responsible for the internal audit. - Review the risk assessment and risk management systems to oversee that they are appropriate, adequate and efficient. - Review business operating procedures to

(Accounting), the Committee on Dumping and Subsidy, Ministry of Commerce • Commissioner, the Securities and Exchange Commission Board • Expert Member, Public Sector Audit Evaluation Committee, Office of the

Exchange Commission Example 3 : Risk assessment did not cover significant issues such as the business background of the board and shareholders, indicator of limited scope, the engagement team’s competency

fortify the firm’s quality control system. The SEC believes improvements on the following issues would further strengthen this element of the firm-level quality control. 13 Risk assessment during client

findings in human resources element in some audit firms as follows: Risk assessment criteria when accepting audit engagements The risk assessment form when accepting audit engagement in some firms equally

evidence during a planning phase and a substantive test phase, especially in the audit of revenue, risk assessment and response to the risk of fraud. In this regard, the SEC will support and closely monitor

. In addition, the SEC reiterates that listed companies should take action and consider various factors relevant to digital asset investment. For example, risk assessment and potential impacts, measures

for the year 2023 from the PACC* in the areas of approval related operation, which demonstrated the SEC’s commitment to driving and prioritizing the corruption risk assessment of the organization. The

the type, strength and quality of the encryption algorithm based on a result of risk assessment and the required level of protection on sensitive and critical information. Also, such policy should