firms No. of audit firms No. of registered auditors 2557 2558 2559 12 16 13 Year No. of audit firms being assessed on quality control system In 2016, the SEC assessed the quality control system of audit
INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...
ASEAN Good Regulatory Practice (ASEAN GRP). We also deployed Regulatory Impact Analysis (RIA). • The integrity of the SEC as a whole, including individual employees, are assessed against established
Operational Risks: The top-level management and directors jointly assessed potential risks to the SEC's objective achievement, especially in the key operational areas. Risk management plans were laid out and
to provide services involving investment or transaction in consistency with risk tolerance of a client unless the client is as follows, such suitability may be whether assessed or not: (1) an
recommendations to improve corporate governance. Based on the OECD Principles of Corporate Governance, the White Paper adapted implementation aspects to the specific conditions of Asia. The White Paper assessed
rating under Paragraph 2 shall include support credit rating assessed by the credit rating agency from the possibility for the bank to receive financial support from the Government, if in need. Clause 18/3
note, drawer of bill of exchange or deposit taker under Paragraph 2 is a bank established under specific law, the issuer rating under Paragraph 2 shall include support credit rating assessed by the
market Statement of financial position From the Notes to interim consolidated financial statements, On October 6, 2017, the Customs Department assessed a penalty of approximately Baht 120 million against