equity mutual funds do not deliver returns that are on par with passive investing in the broad index.6 This is our first stylized fact. Further investigation of the factor loadings reveals an interesting

with our counterparts within these companies, which leads to more opportunities to discuss the At T. Rowe Price, engagement, proxy voting activities and assessment of a broad range of investment

Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................

principles for governments to follow in developing their regulatory frameworks, recognising the importance of supervisory, regulatory and enforcement authorities in ensuring effective implementation. Broad

the impact of technological changes on the audit and a workshop on the use of data analytic tools to detect anomaly. The SEC also sent staff members on a secondment program at the IT Audit Department of

body to the International Accounting Standards Board (“IASB”) that involves in the consultative process of the IASB and takes steps to encourage broad participation in the development of IFRS as high