resulting in the low audit quality; and High ratio of listed audit clients to audit personnel, leading to incomplete audit works, inadequate supervision, non-compliance with the firms’ policies and procedures
cover specific industry. In addition, there was lack of consultation in complex areas and inadequate quality control review system. The SEC found that EQCRs did not review some important work papers or
inadequate as the documentation was sometimes found to be insufficient in assessing potential risks and identifying appropriate responses for those risks. The SEC expects audit firms to improve their risk
opinion. After analyzing the root cause of these deficiencies, the SEC believes that they were caused by inadequate and/or inappropriate risk assessments during the audit planning stage. Therefore, it is
have elaborated more that the Wattanapat Samui Hospital project with twenty nine licensed beds which will be located in the downtown, crowded of Thai and foreigner tourists, may causing the inadequate
more that the Wattanapat Samui Hospital project with twenty nine licensed beds which will be located in the downtown, crowded of Thai and foreigner tourists, may causing the inadequate capacity of
beds which will be located in the downtown, crowded of Thai and foreigner tourists, may causing the inadequate capacity of medical services during high season. 9. The opinion of the Board of Directors
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
due to ___ (inadequate information for review or lack of cooperation from the information owner)” or “An exception is made to the statement on Page ______ whereby I am of the opinion that it should be
judgement, transactions that were not in the normal course of business, and accounting transactions that required professional skepticism, the SEC found deficiencies in the inadequate gathering of audit