333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 BUILDING BRIDGES Securities and Exchange Commission, Thailand Securities and Exchange Commission, Thailand Contact Information This report is available for download on the SEC website: www.sec.or.th For more information, p...
, the SEC found that the audit firms did not seem to evaluate 11 whether there were any threats to independence or any conflicts of interest before issuing engagement letters to clients. Beyond
main industries include Services, Resources, Industrials, and Financials with 18%, 16%, 14%, and 13% of participants, respectively. Participants by Industry Detector Transactions Lines Auditor 968 2,281
independence of the firm. - Precisely define the ‘related entities’ to enable the audit firms to completely disclose and consider the independence regarding related entities. The process to evaluate the
ambitious SLB; they aid investors by promoting accountability of issuers in their sustainability strategy and availability of information necessary to evaluate their SLB investments; and they assist
– Evaluate – Manage Performance Materiality Survey (Real) Material Issues approved by Sustainability Committee Sign-off by Owners Verified by 3rd Party Set Reporting Framework C O N T E N T R E P O R T
crucial for the auditors to suitably develop an expectation of the recorded amounts, sufficiently evaluate the reliability of data from which the expectation is developed, and determine an acceptable
SEC held an annual seminar about common deficiencies found in quality reviews and led a panel discussion about how to address human resources problems in the auditing industry. 9 Independent Audit
carbon and climate resilient economy. The Initiative seeks to develop mechanisms to better align the interests of investors, industry and government to catalyse investments at a speed and scale sufficient
of these Criteria, leading the discussions with the Technical Working Group and Industry Working Group. We would also like to thank all members of the Technical Working Group and Industry Working Group