Statistics

  1. Statistics on first time reviews

    During the financial year ended 30 June 2017, we completed reviews of 28 first time reviews comprising 3 (Type 1), 10 (Type 2) and 15 (Type 3) reports.

    As at 30 June 2016, we completed reviews of 709 first time reviews from the total registered audit firms of 1,428.

    The cumulative results of review as at 30 June 2017 are as follows:

    1. Type 1 (satisfactory) 7%
    2. Type 2 (assurance of compliance) 45%
    3. Type 3 (follow-up) 48%

  2. Statistics on follow-up review firms

    In addition to the first time reviews as mentioned above, we completed reviews of 33 follow-up reviews, comprising 14 (Type 2) and 19 (Unsatisfactory) reports for the financial year 2016/2017.

  3. In summary, the following reports were completed and signed off during the financial year ended 30 June 2017:

    Type of Reviews Type 1 Type 2 Type 3 Total
    First time review 3
    (11%)
    10
    (36%)
    15
    (53%)
    28
    Follow-up review - 14
    (42%)
    19
    (58%)
    33