accessibility to low cost of funding. Looking forward, fiscal stimulus will be maintained to ensure that the economic recovery remain on track. Vaccines for sustainable, inclusive and resilient economic growth
persistent threat (APT), the network segregation, the application-to-application encryption, defense-in-depth and the network hardening; (4) define a clear set of controls including access control, monitoring
cost of sales being the most frequently recurring themes. Many different factors may have led to such persistent deficiencies of some audit firms and auditors. This includes insufficient involvement of
corporations for investors and stakeholders to make well informed decisions. In driving forward a sustainable value creation, we will continue working with stakeholders to develop a sustainable future and
- adequate understanding of their roles. Moreover, they should also be adaptive to the fast-changing environment. Volatility and various developments have occurred rapidly over the past few years. For example
majority of the audit firms push forward to increase auditors in the capital market, thus support the increasing number of listed companies. Therefore, the ratio of listed companies to auditors in the
of Things (IoT) will make security systems more vulnerable to cyberattacks. Looking forward, cyber security risk will remain critical in line with an increasing volume and value of economic and
Reporting Standards (IFRS9) going forward. All of these factors may affect business adjustments of commercial banks in terms of provisioning expenses, risk calculation, capital maintenance and their overall
, practitioners and experts on corporate governance in the region, as well as from OECD countries and relevant international institutions. Participants exchange experiences and push forward the reform agenda on
from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements