Building.In her speech, SEC Secretary-General emphasized the importance of the Three Lines of Defense, which include the Board of Directors, the Audit Committee, and the Auditor, in fostering good corporate

issues that are affecting its business operation.Specifically, the SEC is instructing IFEC to ensure that the company and the subsidiaries will prepare the respective financial statements, have the auditor

number of directors in order to move ahead with solving its problems which include indebtedness and inability to submit the company’s financial statements and appoint the auditor. IFEC’s future business

SEC Secretary-General Rapee Sucharitkul revealed that “independence of the auditor is a key factor in establishing the reliability of the financial reports. When the international standards on this

customers’ assets in its possession to have at least 2 audit responsible for recipience notified from the auditor that may report doubtful behavior which directors or managers have committed an offense as

select auditors and the delivery of insightful reporting by auditors when the enhanced auditor reporting standards take effect in 2017.Mr. Eugene Wong, a member of the AOB said ?The new auditor reporting

the company and its subsidiaries? failures to appraise the fair value of fixed assets in order to determine their realization value as well as the auditor?s dissatisfaction by means of other audit

another extension of 20 more days to allow time for the auditor to receive the document verificaiton from a thrid party. The SEC has therefore postponed the deadline to 28 March 2017. KC must also disclose

required to examine the issue raised by the auditor whether the questionable transactions of land sales and purchases were in line with the normal course of business operation.Concurrently, the SEC

that these failures to record such details in the financial statements resulted in a non-compliance with the generally accepted accounting standards.In addition, SCAN?s auditor observed that SCAN has not