Inappropriate client acceptance assessments which resulted in the audit firms accepting engagements with risks that went beyond an acceptable levels; Lack of documentation on the background search of potential

Qualifications Related Work Experiences Required Examinations Securities Investment Analysis Related Rules on Investment Analysis Person approved or registered to perform duties in the same manner as ASEAN

, resulting in fewer deficiencies detected. There are, however, other areas in which further improvements are warranted such as audit planning and risk assessments, audit procedures in response to fraud risk

Singapore in this area due to the SEC’s independent oversight system and robust supervision of audit quality assurance on par with international standards. The SEC also completed its assessments on quality

returns are fitted using GJR-t-GARCH models and then analysed using time-varying conditional copulas to ascertain if tail dependence exists. The study tests a number of well-known copulas, i.e., Gaussian

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

report. This will ultimately lead to more useful, more accurate and more relevant financial information. Moreover, the SEC circulated the findings arising from audit inspection, namely risk assessments and

Corporate Governance. Its assessments are part of the World Bank and International Monetary Fund (IMF) program on Reports on the Observance of Standards and Codes (ROSC). The goal of the ROSC initiative is to

products in China where animal testing may be performed. The company does not appear to have adopted a formalized public animal testing policy excluding tests on animals, therefore we have reasonably assumed

qualifications as when first applied and must retake and pass relevant examinations. If an examination on ethics was not required for the entrance application, the applicant must pass such examination this time