difficult or contentious matters or resolving differences of opinion? If yes, how does the firm ensure the independence and confidentiality of service providers? _x000D_&1#&"Tahoma"&12&KC0C0C0 SEC
work and guidelines on the types of non-audit services that are permitted, restricted, or prohibited. Policies and procedures for confidentiality and independence after the termination of employment When
which might not yet be rectified. e.g., the procedures regarding the preservation of confidentiality and independence in case of the staff’s employment with assurance clients; and the staff’s personal
group Insufficient compliance testing to ensure both independence and confidentiality where the audit staff providing assurance services in their own capacity 3. Client acceptance and continuance
independence or to maintain client confidentiality. Example 6 : There were no policies or procedures for the event staff resigns from an audit client. Example 7 : There were no policies requiring the engagement
audit firms were also conducted. For example, (1) succession plan and retention plan, (2) maintenance of independence of audit firms and auditors, (3) assessment on readiness of accounting personnel, (4
Has the firm at least annually obtained written declarations on compliance with the firm’s independence policies and procedures from all firm personnel? 9 Does the firm have Confidentiality Declaration
independence policies and procedures from all firm personnel? 9 Does the firm have Confidentiality Declaration from all its employees? 10 Are there procedures to ensure that any external consultant involved in
raise independence issues. (Non-audit service) 3. High Risk Industries Resource, extractive, mining, oil and gas industries : • The current issue is not necessarily going concern but the issue is more
, social, sustainability and sustainability-linked bond framework, or appropriate procedures such as information barriers will have been implemented within the institution to ensure the independence of the