audit firms do not rotate auditors as required by the firm’s policy. 2. The policies and procedures regarding the declaration of financial interest and employment with other entities The audit firms set
ZERO Activities needed beyond 2050 and have a clear 1.5-degree decarbonisation pathway – e.g. shipping NO PATHWAY TO ZERO Activities that are needed beyond 2050 but at present, do not have a clear 1.5
. Climate Targets United Nations’ scientists have indicated we have 8 years to cut global greenhouse gas emissions before reaching the point of no return 1.5°C Global greenhouse gas emissions must be cut to
independence regarding the provision of non-assurance services may not sufficient to ensure that the independence will not be impaired upon the provision of such service. No clear definition of ‘related entities
funds 53 IPO size IPO size 93 78 91 56 79 20 18 59 48 38 47 Source: Morningstar complied by Research Department of Thai SEC Product values: 4 Target return at X% in Y months • Set a clear target return
relative to performance evaluation, compensation, and promotion fail to recognise high quality work. Additionally, a lack of clear communication to all levels of the firm’s audit staff about the importance
caused by such differences. Clause 18 mutual funds and trusts shall rotate an auditor by complying with the rules prescribed in Paragraph 2, in the occurrence that the auditor has performed his/her duties
rotation of key audit partner in accordance with the Code of Eth ics for Professional Accountants with clear details on the consideration of time-on period and communicate to the relevant individuals
values audit quality over short-term profit, clear expectations and performance evaluation criteria that are appropriately tied to the audit quality are an absolute necessity. Assignment of audit
professional standards. Other causes included a scarcity of knowledgeable personnel with specific expertise such as financial reporting standards and auditing standards, insufficiency of clear and detailed audit