audit firms and the auditors have improved significantly on the overall audit quality and on each element of their firm-level quality control systems, compared to the results from the first-cycle audit
adoption of international standards would yield materially differ- ent results. Priority 4: Board performance needs to be improved by appropriate further training and board evaluation. The board nomination
SEC gave the keynote speech on the topic, "Rethinking Accounting Education for Global Competitiveness" to develop accounting professors and enhance learning-teaching standards and the development of
highest responsibility in Accounting and Finance (“CFO") and the person assigned to the direct responsibility of supervising accounting preparation (“Chief Accountant") are required to have an education
encouraged audit firms without an international network to form a coalition to share academic supports among themselves. For example, a joint development of an audit program, joint training sessions, and
information on their CFOs and accountants with regard to their education, accounting training and work experiences.The new qualification criteria would build a robust foundation for qualified CFOs and
, the SEC communicates with and educates the stakeholders on a continuing basis, especially via training sessions to prepare them for the soon-to-be-effective financial reporting standards. The
% due to Training & Education. 1.5 Administrative expenses increased 9.14 MB or 6.49 % due to develop manpower by Training, Product Research and Development and Warehouse Management. 1.6 Corporate income
elements of the financial reporting ecosystem, from better education and training to more rigorous monitoring and enforcement. And it is only when the appropriate processes are in place and the people
would allow them to promptly respond to these new developments. For example, competent auditors who are farsighted and passionate in their learning would be best equipped to adjust to any changes. Hence