Bangkok, July 21, 2015 ? The SEC has driven forward the plan to develop financial reporting ecosystem to promote financial statement quality and increase the number of auditors to support the growth

would improve the financial reporting forms used by such intermediaries to meet the following objectives: ?1.? To comply with the revised financial reporting standards of the Federation of Accounting

Accounting Professions (FAP), we have agreed to formulate a collaborative effort to enhance financial reporting quality to be in line with international standards and to promote more active roles of financial

companies in the future. They could also be a guideline for addressing issues in the financial reporting ecosystem as well as improving the supervisory system and the quality inspection of the approved

Bangkok, December 4, 2015 ? The SEC is seeking public comments on a draft revision to the financial statements reporting forms which must be submitted by securities companies and derivatives business

could affect the preparation of financial statements of listed companies. The main objective of the guidelines is to ensure clarity of application of accounting standards in financial statements of

SEC Secretary-General Ruenvadee Suwanmongkol said: “Audit committees can be considered the representatives of retail investors and are key stakeholders in the financial reporting ecosystem. They

reporting ecosystem to support our plans and work together to further strengthen the creditability of Thai financial reporting.”TFAC President Mr. Voravit Janthanakul said: “Auditors are responsible for the

The Securities and Exchange Commission (SEC), in collaboration with the Federation of Accounting Professions under the Royal Patronage of His Majesty the King (TFAC), organized a seminar for

case also involves seeking unlawful gains and consenting to the omission of the B/E transaction records, which caused inaccurate preparation of KC accounting records. The aforesaid four executives are