intermediary has executed such trading for clients. Chapter 6 Providing Services relating to Risky or Complex Capital Market Products _______________________ Clause 28 In providing services relating to risky or

executed such trading for clients. Chapter 6 Providing Services relating to Risky or Complex Capital Market Products _______________________ Clause 28 In providing services relating to risky or complex

operations and exposures in commodities • Impairment issues • Heightened cost controls at audit clients • Governance challenges (cannot get or retain strong directors) Layoffs Reduced  capacity Audit fee

limited, or a public company limited incorporated under Thai law; (2) a foreign commercial bank whose branch the SEC Office has approved to operate commercial bank business in Thailand in accordance with

) bills. “company” means: (1) a limited company or a public limited company incorporated under Thai law; (2) a financial institution. “financial institution” means a commercial bank, finance company or

market components. Ultimately, the principles of good governance underpin the sustainable development of a vibrant capital market capable of meeting the market constituents’ growing needs as well as the

A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating

333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION

, e.g., the SEC's internal database, financial statement analysis, annual report analysis, and news on listed companies. Under the holistic risk-based approach, workpapers inspection can cover risky

areas. The latest inspection on 29 audit firms in the capital market revealed that 86 percent of the inspected audit firms received either “acceptable” or “very satisfactory” rating for their quality