the capital market decreased, compared to the ratio from previous inspection cycle, due in part to the relatively high average turnover rate of staff in senior and junior level. It should be noted that
: This inspection cycle results shows that each audit firm pays attention to 1) the capacity building of its staff and remedying of high turnover rate, 2) improvement of audit manual to be more descriptive
capital market. Nonetheless, the SEC still identified certain deficiencies in the quality control system in this inspection cycle such as rotation of auditors, insufficiency of human resources, completeness
Audit Inspection Activities Report for the 1ST cycle 1 October 2010 - 31 December 2012 Example 1 : There was no policy about EQCR rotation and no policy for EQCR and engagement partner to apply a cooling
requirements as per the findings in the 2 inspection cycle. However, in 2017 we identified findings on the relevant ethical requirements in certain audit firms as follows: 1. Auditor rotation in case of listed
Cycle of Audit Inspection ........................................................ Significant Statistical Information .................................. 02 04 05 08 24 38 40 43 Executive summary High
second-cycle audit inspection with a more robust inspection plan, in response to current audit environment and the deficiencies found during the first cycle. The results, thus far, have shown significant
individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the
from biomass.1 Biofuel: Liquid fuels derived from biomass. They include ethanol, a liquid produced from fermenting any biomass type high in carbohydrates, and biodiesel, a diesel- equivalent processed
longer available, solar PV consumes 0.1 l/kWh. This compares to ranges of 0.75 l/kWh to 75 l/kWh for high carbon electricity generation.10 5 Weisser, D. (2006). A guide to life-cycle greenhouse gas (GHG