The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements

This research paper aims to determine whether the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements applicable in the Philippines or not. It determines the reasons on why the SEC proposed such amendments as well as the criteria used...

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Main Authors: Castillo, Jhoanna Paula, Chua, Wendy Marie, Cortez, Lorevie, Reyes, Ma. Jasmine, Sobremonte, Katherine Uy, Umali, Natalline
Format: text
Language:English
Published: Animo Repository 2002
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/14082
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-147242021-11-06T03:50:17Z The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements Castillo, Jhoanna Paula Chua, Wendy Marie Cortez, Lorevie Reyes, Ma. Jasmine Sobremonte, Katherine Uy Umali, Natalline This research paper aims to determine whether the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements applicable in the Philippines or not. It determines the reasons on why the SEC proposed such amendments as well as the criteria used in deriving the qualifications from publicly listed companies and from the external auditors are gathered and analyzed. Increase in number of fraud cases and changes in international standards are primary reason that made SEC proposed such accreditation. The BSP criteria for accreditation and its imposed additional reporting requirements and the reactions from external auditors are considered in deriving the criteria for accreditation. Most of the publicly listed companies welcome the accreditation since they believe it is beneficial to them. A more quality audit reports will be presented to the public. However, external auditors commented that such accreditation would mean work on their part and could affect the relationship of the cleint with its external auditor." 2002-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/14082 Bachelor's Theses English Animo Repository Corporations--Auditing Corporations-- Accounting Auditing Accounting
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Corporations--Auditing
Corporations-- Accounting
Auditing
Accounting
spellingShingle Corporations--Auditing
Corporations-- Accounting
Auditing
Accounting
Castillo, Jhoanna Paula
Chua, Wendy Marie
Cortez, Lorevie
Reyes, Ma. Jasmine
Sobremonte, Katherine Uy
Umali, Natalline
The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
description This research paper aims to determine whether the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements applicable in the Philippines or not. It determines the reasons on why the SEC proposed such amendments as well as the criteria used in deriving the qualifications from publicly listed companies and from the external auditors are gathered and analyzed. Increase in number of fraud cases and changes in international standards are primary reason that made SEC proposed such accreditation. The BSP criteria for accreditation and its imposed additional reporting requirements and the reactions from external auditors are considered in deriving the criteria for accreditation. Most of the publicly listed companies welcome the accreditation since they believe it is beneficial to them. A more quality audit reports will be presented to the public. However, external auditors commented that such accreditation would mean work on their part and could affect the relationship of the cleint with its external auditor."
format text
author Castillo, Jhoanna Paula
Chua, Wendy Marie
Cortez, Lorevie
Reyes, Ma. Jasmine
Sobremonte, Katherine Uy
Umali, Natalline
author_facet Castillo, Jhoanna Paula
Chua, Wendy Marie
Cortez, Lorevie
Reyes, Ma. Jasmine
Sobremonte, Katherine Uy
Umali, Natalline
author_sort Castillo, Jhoanna Paula
title The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
title_short The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
title_full The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
title_fullStr The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
title_full_unstemmed The applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
title_sort applicability of the proposed accreditation of external auditors of publicly listed companies and their additional reporting requirements
publisher Animo Repository
publishDate 2002
url https://animorepository.dlsu.edu.ph/etd_bachelors/14082
_version_ 1718382562995339264