(IAA), stated:  “The falsification of STARK financial statements has reflected difficulties for securities analysts and investors, as information users, to verify accuracy of the information provided

information contained in the registration statements, draft prospectus or any other information to be disclosed through the portal.  

technology, such as provision that requires business operators to disclosure its financial statements to the public via traditional channel only. Moreover, the current laws do not clearly state the SEC’s

the Internet, and the inconvenience for thorough reading of lengthy registration statements and prospectuses.The proposal is not expected to add much compliance cost because in practice issuers tend to

token issuers have been approved by the SEC and no applications or registration statements have been submitted. Therefore, investors should be careful if solicited or receiving information related to

and users of such report to make necessary preparation before the new international auditing standands become effective. On a wider scale, we wish to see users of financial statements take more

failures to disclose such information was in violation of the SEC notification. The SEC has also requested SINGHA to hasten the preparation and submission of the remaining financial statements to the SEC.

Pack (Thailand) Plc.?s financial statements for the year 2008 and 2009 and Q1-3/2009.Earlier, the SEC filed criminal complaint against Wichai Chaistaporn, former chairman and managing director of Nippon

accounting period and forward looking statements, as well as the accounting policies and reasons given for applying such policies.?    

prescribed by the Federation of Accounting Professions? accounting standards concerning consolidated financial statements. SEC Secretary-General Vorapol Socatiyanurak said ?The SEC has revised the rules