Statistics

  1. Statistics on first time reviews

    During the financial year ended 30 June 2016, we completed reviews of 23 first time reviews comprising 9 (Type 2) and 14 (Type 3) reports.

    As at 30 June 2016, we completed reviews of 681 first time reviews from the total registered audit firms of 1,407.

    The cumulative results of review as at 30 June 2016 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 29 follow-up reviews, comprising 13 (Type 2) and 16 (Unsatisfactory) reports for the financial year 2015/2016.

  3. In summary, the following reports were completed and signed off during the financial year ended 30 June 2016:

    Type of Reviews Type 1 Type 2 Type 3 Total
    First time review - 9
    (39%)
    14
    (61%)
    23
    Follow-up review - 13
    (45%)
    16
    (55%)
    29