required by the SEC. 2.1.3 Prohibited Characteristics of Auditors (1) being put under receivership by the court's order; or being an insolvent, incompetent or quasi- incompetent person; (2
understanding and public accountability; having no prohibited characteristics such as being under receivership, bankrupt, incompetent or quasi-incompetent by a court order; (6) Having at least one full-time
of directors and executives of issuing companies. Qualifications of a director Not having untrustworthy characteristics. For example: Being an insolvent person or an incompetent person Being
, incompetent or quasi- incompetent person, (2) being or having been suspension of CPA license during the past three years, unless the reason of suspension is the same as of the SEC's sanction, (3) having
remaining approval period by the SEC. 7. Prohibited characteristics (1) being put under receivership by the court's order; or being an insolvent, incompetent or quasi- incompetent person, (2) being