-mail : oca@sec.or.th Root cause analysis Activities for enhancing audit quality Suggestions on how to improve audit quality Executive summary Contents Quality Assurance Review Panel (“QARP”) Significant
Solutions (TPS) 8,364 17.0 8,998 19.2 10,321 22.0 - Mission Critical Infrastructure Solutions (MCIS) 990 2.0 1,137 2.4 1,052 2.2 EISBG (Energy Infrastructure Solution) 1,178 2.4 953 2.0 937 2.0 - PV Inverter
Quarter ended March, 2019 were severely impacted by production disruptions resulting from breakdown of critical gear and transformer which resulted in an unexpected prolonged Shutdown. While breakdown of
earlier cycles, with significant progress in two key elements of quality control: acceptance and continuance of client relationship, and human resources. On the individual audit engagement level, the
proactively review the risk management approach and policies annually or with any significant business change; g) ensure a formal, fair and transparent process for nomination, election and evaluation of
business in the category of securities brokerage, securities dealing, securities underwriting, mutual fund management, private fund management and securities financing. “Critical function” means any
financing. “Critical function” means any activities related to services, transactions or any other functions of a securities company, the disruption of which would significantly affect customers, business
securities financing. “Critical function” means any activities related to services, transactions or any other functions of a securities company, the disruption of which would significantly affect customers
.................................................................................................... 58 5. Essential Criteria ............................................................................................. 61 5.1. Do No Significant Harm
inappropriate exercising of professional skepticism. Our preliminary root cause analysis showed that each audit firm’s observations arose from different causes. For example, the absence of significant topics in