Overview of the support for and opposition to the group-specific qualitative characteristics, content of proposed Part 10 and related conforming amendments
| Europe | Africa | Asia/Oceania | Americas | Worldwide | Total | |
|---|---|---|---|---|---|---|
| Panel A. View of the proposed group-specific qualitative characteristics to describe the scope of group audits for which the proposed ISA for LCEs is designed to be used | ||||||
| Number of comment letters that clearly agreed | 8 (13.3%) | 5 (8.3%) | 6 (10%) | 5 (8.3%) | 6 (10.0%) | 30 (50%) |
| Number of comment letters that in principle agreed with the proposed group-specific qualitative characteristics but required modifications | 10 (16.7%) | 2 (3.3%) | 0 (0%) | 3 (5.0%) | 5 (8.3%) | 20 (33.3%) |
| Number of comment letters that disagreed with the proposed group-specific qualitative characteristics | 3 (5.0%) | 0 (0%) | 3 (5.0%) | 0 (0%) | 2 (3.3%) | 8 (13.3%) |
| Number of comment letters that did not comment directly on the issue | 0 (0.0%) | 0 (0%) | 1 (1.6%) | 1(1.6%) | 0 (0%) | 2 (3.3%) |
| Total | 21 (35%) | 7 (11.6%) | 10 (16.7%) | 9 (15%) | 13 (21.7%) | 60 (100%) |
| Panel B. View of the content of the proposed part 10 and related conforming amendments | ||||||
| Number of comment letters that clearly agreed and agreed if their suggestions regarding question 1 or question 2 are taken into account | 14 (23.3%) | 7 (11.6%) | 6 (10%) | 6 (10%) | 11 (18.3%) | 44 (73.3%) |
| Number of comment letters that disagreed | 6 (10%) | 0 (0.0%) | 2 (3.3%) | 3 (5%) | 2 (3.3%) | 13 (21.7%) |
| Number of comment letters that were unclear | 1 (1.6%) | 0 (0.0%) | 2 (3.3%) | 0 (0%) | 0 (0%) | 3 (5%) |
| Total | 21 (35%) | 7 (11.6%) | 30 (50%) | 9 (15%) | 13 (21.6%) | 60 (100.0%) |
| Europe | Africa | Asia/Oceania | Americas | Worldwide | Total | |
|---|---|---|---|---|---|---|
| Number of comment letters that clearly agreed | 8 (13.3%) | 5 (8.3%) | 6 (10%) | 5 (8.3%) | 6 (10.0%) | 30 (50%) |
| Number of comment letters that in principle agreed with the proposed group-specific qualitative characteristics but required modifications | 10 (16.7%) | 2 (3.3%) | 0 (0%) | 3 (5.0%) | 5 (8.3%) | 20 (33.3%) |
| Number of comment letters that disagreed with the proposed group-specific qualitative characteristics | 3 (5.0%) | 0 (0%) | 3 (5.0%) | 0 (0%) | 2 (3.3%) | 8 (13.3%) |
| Number of comment letters that did not comment directly on the issue | 0 (0.0%) | 0 (0%) | 1 (1.6%) | 1(1.6%) | 0 (0%) | 2 (3.3%) |
| Total | 21 (35%) | 7 (11.6%) | 10 (16.7%) | 9 (15%) | 13 (21.7%) | 60 (100%) |
| Number of comment letters that clearly agreed and agreed if their suggestions regarding question 1 or question 2 are taken into account | 14 (23.3%) | 7 (11.6%) | 6 (10%) | 6 (10%) | 11 (18.3%) | 44 (73.3%) |
| Number of comment letters that disagreed | 6 (10%) | 0 (0.0%) | 2 (3.3%) | 3 (5%) | 2 (3.3%) | 13 (21.7%) |
| Number of comment letters that were unclear | 1 (1.6%) | 0 (0.0%) | 2 (3.3%) | 0 (0%) | 0 (0%) | 3 (5%) |
| Total | 21 (35%) | 7 (11.6%) | 30 (50%) | 9 (15%) | 13 (21.6%) | 60 (100.0%) |
Source(s): Table by the authors
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