globally, so as to address persistent deficiencies in listed public interest entity  audits. To achieve this goal, the AARG will ramp up its engagement with the Big-Four audit firms? leadership to address

/ Frequent / Persistent 7 VE scale of assessment: Minor / Significant / High / Critical 8 VE scale of assessment: Non-communicative / Reactive / Remediative / Proactive 3  Verification – The KPI will be

performance drives earnings persistence. His findings are consistent with firms with more persistent earnings are fundamentally stronger. Yao (2014) also documents that certain fundamentals – namely the

PUBLIC COMPANY LIMITED A5: ASSET FIVE GROUP PUBLIC COMPANY LIMITED AAV: ASIA AVIATION PUBLIC COMPANY LIMITED ABICO: ABICO HOLDINGS PUBLIC COMPANY LIMITED ABM: ASIA BIOMASS PUBLIC COMPANY LIMITED ACAP: ASIA

7UP: SEVEN UTILITIES AND POWER PUBLIC COMPANY LIMITED A: AREEYA PROPERTY PUBLIC COMPANY LIMITED A5: ASSET FIVE GROUP PUBLIC COMPANY LIMITED AAI: Asian Alliance International Public Company Limited AAV

economy remained in the doldrums, as evidenced by slowdowns in both advanced and emerging economies. Negative factors included the persistent US-China trade rift and concerns about a no-deal Brexit. Worse

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

mind with regard to board members‟ ability and willingness to discharge their duties to the company and to all of its shareholders. In Asia, persistent cases of expropriation, particularly of minority