The SEC ordered Roynet PLC ("ROYNET") to correct its financial statements for the year-ended December 31, 2002 and 2003. Such financial statements were audited by Mr. Anurak Lelapiyamit, an auditor
BANGKOK, December 22, 2006 ? The SEC ordered Siam General Factoring Plc. ("SGF") to rectify its financial statements for the third quarter of 2006 regarding the items viewed by the auditor to be inconsistent with the generally accepted accounting principles (GAAP). Such items involved (1) the reversal of provision for seven doubtful account receivables of 500 million baht as revenue in the third quarter, and (2) the derecognition of such account receivables and loans payables to Eastern Wire...
Company Profile - RIGHT TUNNELLING PUBLIC COMPANY LIMITED สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ Printed on 28 August 2022 21:38 Company Profile RIGHT TUNNELLING PUBLIC COMPANY
The SEC ordered Circuit Electronic Industries PLC ("CIRKIT") to correct its allowance for doubtful accounts for the company quarterly financial statements of 2004. Such financial statements were
BANGKOK, October 13, 2006 ? The SEC has ordered Power-P Plc. ("POWER") to amend its financial statements for the second quarter of 2006 regarding the items reported by the auditor to be noncompliant with the generally accepted accounting principles (GAAP). Such items are as follows: 1. POWER has not provided an allowance for potential loss of the share purchasing receivable with the remaining balance of 89 million baht. This item was according to a share purchasing termination agreement...
Bangkok, August 10, 2009 ? The SEC ordered Siam General Factoring Plc. (SGF) to revise its 2009 first quarter financial statements. The SEC had found in SGF?s Q1/2009 financial statements an item on the reversal of allowance for doubtful accounts, which was booked into the company?s revenue in the amount of 10 million baht. Such accounting record is considered inconsistent with the generally accepted accounting standards as, under economic substance view, the loan burden which is transferred...