will be capable of regular monitoring the quality of audit work performed by such auditor, which resembles the international supervisory framework. The audit quality control regulatory shall be performed
audit quality control system of the audit firm. As such, the auditing must be carried out under the good quality control system both at firm level and engagement level. In response to the aforesaid, the
) must make a list of sponsors pursuant to the decision of the board of directors, with the characteristics of each sponsor. The company must arrange to have a monitoring process for the allocation to
services such as having capital and staff capacities to offer services appropriately and sufficiently, operating on an information technology system with efficiency and security 3. Having a complete process
services such as having capital and staff capacities to offer services appropriately and sufficiently, operating on an information technology system with efficiency and security 3. Having a complete process
control system in compliance with International Standards on Quality Control 1 (ISQM 1), monitoring audit partners' work to ensure its compliance with the professional code of ethics, regulations under the
, b) inspecting audit works performed by the applicant to ensure the compliance with the ISAs, and c) inspecting the audit firm's quality control system to ensure compliance with the
code of ethics and regulations; provisioning the audit quality control system in compliance with International Standards on Quality Management 1 (ISQM 1); monitoring associated auditors who are attached
counterbalance; Monitoring of transactions that occur; Frequent revision of the appropriateness of the methods used. Competitive businesses Clear separation of target group of customers or markets; There
SEC's operations comprise three perspectives, as follows: 1. Supporting accounting profession to be in line with international standards 2. Auditor supervision 3. Monitoring on financial report of