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Annual Report of Activities in 2014

ICAC 2014 Report Disciplinary cases resolved regarding audits 25 No. of cases filed 2014 Very serious due to a lack of independence 7 Very serious due to refusal by the auditors in the exercising of their 1 competencies Serious due to a breach of Technical Audit Standards 17 Serious due to a breach of the duty of rotation 3 Serious due to a breach in remitting information to the ICAC 23 Stays of proceedings 1 TOTAL 52 Filings for 2014 7 1 17 3 2 Very serious due to a lack of independence Very serious due to refusal by the auditors in the exercising of their competencies Serious due to a breach of Technical Audit Standards Serious due to a breach of the duty of rotation Serious due to a breach in remitting information to the ICAC Stays of proceedings 3 1 The following chart shows the detail of the filing resolved as related to the audit assignments relating to companies of public interest (PIE): 10 17 Auditors and Audit firms - PIE Auditors and Audit firms - NO PIE


Annual Report of Activities in 2014
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