with annual financial statements ending 31 December 2023 onward. In addition, SEC repealed a rule that requires an auditor in foreign countries to be from the same network of accounting firm used in

change is significant.- To repeal a rule that requires an auditor in foreign countries to be from the same network of accounting firm used in Thailand.  SEC disseminates the public hearing document for

Financial Reporting Standards No. 9 (TFRS9) which is being revised by the Thailand Federation of Accounting Professions under the Royal Patronage of His Majesty The King (TFAC) which will become effective

Bangkok, June 16, 2016 ? The SEC in cooperation with the Federation of Accounting Professions (FAP) under the Royal Patronage of His Majasty the King is organizing the New Auditor?s Report

promotional privileges and non promotional privileges, management remuneration and nature of expenses in the note to financial statement according to the generally accepted accounting principles. The company?s

, failing to perform duties responsibly, and consenting to preparation of incorrect accounting records. The nine offenders are: (1) Miss Neeranuch Na Ranong, former vice chairman and chief executive director

, namely (1) Ratchasak, Chairman and Chief Executive Officer, (2) Phongsak, Deputy Managing Director-Finance and Accounting, and (3) Siriporn, Business Development Director. They were found permitting or

financial reports on the close cooperation with all related parties, including auditors, accountants, audit committees, listed company executives as well as related accounting and audit regulatory bodies

Thailand (SET), the SEC?s further inspection has revealed that on 3 November 2014, Pichet, then director, executive director and managing director of accounting and finance of MLINK, reported to the SET a

practice; while the SEC and the OAG will work together to strengthen audit work of SET listed companies. ?Most of the listed SOEs are large organizations, accounting for 17 percent of the total market